Gold rose Rs 135 to Rs 28,515 per 10 grams at the futures trading today as speculators enlarged their positions, tracking a firm trend overseas.
Gold for delivery in February rose Rs 135 or 0.48 per cent to Rs 28,515 per 10 grams in a business turnover of 327 lots.
Similarly, the metal for delivery in far-month April was also trading higher by Rs 125 or 0.44 per cent at Rs 28,502 per 10 grams in 13 lots.
Analysts said speculators widened their bets, tracking a firming global trend, which supported the upside in gold prices at the futures trade here.
Globally, gold inched up 0.46 per cent to $1,202.40 an ounce in Singapore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.