Gold futures extend gains

PTI Updated - March 08, 2018 at 12:17 PM.

Gold prices edged up further by 0.06 per cent to Rs 30,492 per 10 grams in futures trade today as speculators expanded their positions, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in April month edged higher by Rs 18, or 0.06 per cent to Rs 30,492 per 10 grams in business turnover of 103 lots.

On similar lines, the metal for delivery in June month contracts were trading higher by Rs 16, or 0.05 per cent to Rs 30,582 per 10 grams in 1 lot. Analysts said widening of positions by participants amid a better trend overseas influenced gold prices at futures trade.

Globally, gold rose 0.14 per cent to USD 1,326.80 an ounce in Singapore.

Published on March 8, 2018 05:40