Gold & Silver

Gold futures rise to Rs 27,576 per 10 gm

PTI New Delhi | Updated on January 16, 2018 Published on December 14, 2016

Gold prices rose 0.15 per cent to Rs 27,576 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from global markets.

At the Multi Commodity Exchange, gold for delivery in February was up by Rs 41 or 0.15 per cent to Rs 27,576 per 10 grams in a trade volume of 75 lots.

The metal for delivery in far-month April moved up Rs 31 or 0.11 per cent to Rs 27,532 per 10 grams in a turnover of 2 lots.

Market analysts said rise in the precious metal at the global market ahead of the outcome of the ongoing Federal Reserve meet, that is likely to result in the first US interest rate increase this year, influenced gold prices at the futures trade here.

Meanwhile, gold climbed as much as 0.15 per cent to $1,159.70 an ounce in Singapore today.

Published on December 14, 2016
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