Gold & Silver

Gold futures jump to Rs 28,235 per 10 gm

PTI New Delhi | Updated on January 11, 2018 Published on May 17, 2017

Gold prices rose 0.5 per cent to Rs 28,235 per 10 grams at the futures trade today as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose Rs 141 or 0.5 per cent to Rs 28,235 per 10 grams in a business turnover of 546 lots.

Likewise, the yellow metal for delivery in far-month August moved up by Rs 115 or 0.41 per cent to Rs 28,402 per 10 grams in 13 lots.

Analysts said a firm global trend as the dollar sank to a six-month low against major currencies, raising demand for precious metals, influenced gold prices at the futures trade here.

Globally, gold rose 0.52 per cent to $1,243.10 an ounce in Singapore.

Published on May 17, 2017
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