Comments
Gold prices rose Rs 89 to Rs 26,308 per 10 grams at the futures trade as speculators enlarged their positions even as the metal weakened overseas.
On the Multi Commodity Exchange, gold for delivery in April was up by Rs 89 or 0.34 per cent to Rs 26,308 per 10 grams in a business turnover of 645 lots.
The metal for delivery in June moved up by Rs 37 or 0.29 per cent to Rs 26,642 per 10 grams in a turnover of 48 lots.
Analysts said the rise in gold prices at the futures trade was mostly on the back of fresh positions built up by speculators even as the metal weakened for the second day in global markets.
Meanwhile, the yellow metal traded 0.3 per cent lower at $1,206.48 an ounce in Singapore.
Comments
COMMENT NOW
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.