Gold & Silver

Gold futures rise to Rs 30,121 on firm global cues

PTI New Delhi | Updated on February 12, 2018 Published on February 12, 2018

Gold prices rose 0.37 per cent to Rs 30,121 per 10 gram at the futures trade today on speculative buying triggered by a firm global trend.

At the Multi Commodity Exchange, gold for delivery in April moved up by Rs 112 or 0.37 per cent to Rs 30,121 per ten grams in a business turnover of 256 lots. The far-month June contract was trading higher by Rs 89, or 0.29 per cent to Rs 30,260 per ten grams in six lots.

Analysts said fresh positions built up by participants largely in sync with a firm trend overseas, as the dollar eased after last week’s rally, influenced the sentiment here. Gold rose 0.60 per cent to $1,323.60 an ounce in Singapore.

Published on February 12, 2018
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