Gold & Silver

Gold futures gains on firm global cues

PTI New Delhi | Updated on March 12, 2018 Published on December 20, 2011

(PTI) Tracking a firming global trend, gold futures prices rose Rs 80 to Rs 27,772 per 10 grams today as speculators created fresh positions.

At the Multi Commodity Exchange, gold for delivery in February rose Rs 80 or 0.29 per cent to Rs 27,772 per 10 grams with a business turnover of 10,252 lots. Similarly, the metal for delivery in April gained Rs 68 or 0.24 per cent to Rs 28,070 per 10 grams with a trade volume of 344 lots.

Market analysts said fresh buying by speculators in tandem with a firming global trend mainly led to the rise in gold futures prices.

Meanwhile, the yellow metal rose 0.5 per cent to $1,601.70 an ounce in Singapore.

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Published on December 20, 2011
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