Comments
Buoyed by a firming global trend, gold prices rose Rs 124 to Rs 28,347 per ten grams at the futures trade today.
At the Multi Commodity Exchange, gold for delivery in June rose Rs 124 or 0.44 per cent to Rs 28,347 per ten grams with a business turnover of 136 lots. Similarly, April contract moved up by Rs 107 or 0.38 per cent to Rs 27,998 per ten grams in 3,704 lots.
Analysts said apart from a firming trend in overseas markets, fresh buying by speculators for the marriage season mainly led to rise in gold futures.
Meanwhile, the yellow metal climbed 0.6 per cent to $1,737.15 dollar an ounce in Singapore.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.