Gold futures rise to Rs 28,410 per 10 gm

PTI Updated - March 12, 2018 at 06:23 PM.

GOLD_BANGLES

Tracking a firm global trend, gold prices rose Rs 213 to Rs 28,410 per 10 grams at the futures trade today as speculators enlarged their positions.

Sentiment bolstered after gold surged to over 2-week high in the overseas market on speculation that demand will increase in Asia, the largest consuming region, traders said.

On the Multi Commodity Exchange, gold for delivery in far-month April rose Rs 213 or 0.76 per cent to Rs 28,410 per 10 grams in a business turnover of 122 lots.

In a similar fashion, the yellow metal for delivery in February moved up by Rs 162 or 0.56 per cent to Rs 29,130 per 10 grams in 1,529 lots.

Globally, gold climbed one per cent to $1,237.03 an ounce, the highest level since December 18, in Singapore.

Published on January 3, 2014 06:41