Gold & Silver

Gold futures rise to Rs 28,585 per 10 gm

PTI New Delhi | Updated on January 12, 2018 Published on January 31, 2017

Gold rose Rs 78 to Rs 28,585 per ten grams at the futures trade today as speculators enlarged their positions, tracking a firm trend overseas.

Gold for delivery in far-month April rose Rs 78 or 0.27 per cent to Rs 28,585 per 10 grams in a business turnover of 317 lots.

Similarly, the metal for delivery in February was also trading higher by Rs 58 or 0.2 per cent to Rs 28,582 per 10 grams in 218 lots.

Analysts said speculators widened their bets, tracking a firm global trend, which mainly supported the upside in gold prices at the futures trade here.

Globally, gold inched up 0.53 per cent to $1,201.60 an ounce in Singapore.

Published on January 31, 2017
This article is closed for comments.
Please Email the Editor