Gold & Silver

Gold futures recovers on firm global cues

PTI New Delhi | Updated on March 12, 2018 Published on November 30, 2011

Gold futures prices recovered by 0.78 per cent to Rs 28,887 per 10 grams today tracking a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in December gained Rs 224 or 0.78 per cent to Rs 28,887 per 10 grams with an open interest for 3,867 lots. Similarly, the metal for delivery in far-month February also rose Rs 210 or 0.72 per cent to Rs 29,215 per 10 grams in 3,087 lots.

Market analysts attributed the recovery in gold futures to a firming trend in Asian markets.

Meanwhile, spot gold prices recovered by $6.70 to $1,722.10 an ounce in Singapore in the early trade today.

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Published on November 30, 2011
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