Gold & Silver

Gold futures up at Rs 28,930 per 10 gm

PTI New Delhi | Updated on January 19, 2018 Published on February 17, 2016

Gold futures were up 0.11 per cent at Rs 28,930 per ten grams as traders raised bets amid positive cues from the global markets.

At the Multi Commodity Exchange, gold for delivery in April rose Rs 31 or 0.11 per cent to Rs 28,930 per ten grams in a business turnover of 1,191 lots.

Similarly, the metal for delivery in far-month June traded higher by Rs 24 or 0.08 per cent to Rs 29,190 per ten grams in 63 lots.

Analysts attributed the rise in gold prices to a firm trend overseas as investors await the release of minutes from the last Federal Open Market Committee meeting for further signs of the central bank’s views.

Meanwhile, gold was trading 0.46 per cent higher at $1,205.80 an ounce in Singapore.

Published on February 17, 2016
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