Gold futures up at Rs 29,315 per 10 gm

PTI Updated - March 12, 2018 at 09:34 PM.

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Gold futures rose 0.45 per cent to Rs 29,315 per 10 grams today as speculators enlarged their position on the back of firm global trend.

On the Multi Commodity Exchange, gold for delivery in April rose Rs 131 or 0.45 per cent to Rs 29,315 per 10 grams with a business turnover of 402 lots.

Similarly, the metal for delivery in far-month June moved up by Rs 98 or 0.34 per cent to Rs 28,867 per 10 grams with a trade volume of 23 lots.

Market analysts said the rise in gold futures was mainly in line with a firm global trend, as US economic data that trailed estimates increased its demand, with holdings in the biggest exchange-traded product expanding to a two-month high.

Meanwhile, gold rose 0.3 per cent to $1,307.16 an ounce in Singapore, the highest price since November 8.

Published on February 14, 2014 06:05