Gold & Silver

Gold futures up at Rs 27,399 per 10 grams

PTI New Delhi | Updated on March 12, 2018 Published on January 20, 2012

Gold futures prices edged up by 0.19 per cent to 27,399 per 10 grams today, tracking a firming trend overseas as a weaker dollar raised the demand for the metal.

At the Multi Commodity Exchange, gold for delivery in February rose Rs 52 or 0.19 per cent to Rs 27,399 per 10 grams with a business turnover of 2,095 lots. Similarly, April contract moved up by Rs 46 or 0.17 per cent to Rs 27,770 per 10 grams with a trade volume of 232 lots.

Market analysts attributed the rise in gold futures to a firming global trend after the metal traded at more than a month high as a weaker dollar bolstered its demand.

Meanwhile, in London, gold futures rose 0.3 per cent to $1,664.35 an ounce last night, the highest prices since December 13.

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Published on January 20, 2012
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