Marginal rise in gold futures

PTI Updated - March 12, 2018 at 03:24 PM.

gold

Gold prices traded marginally higher by Rs 24 to Rs 31,837 per 10 grams at the futures trade today as speculators created fresh positions, driven by a firming global trend.

At the Multi Commodity Exchange, gold for delivery in December rose Rs 24 or 0.08 per cent to Rs 31,837 per 10 grams with a business turnover of 3,880 lots.

Similarly, the yellow metal for delivery in February traded higher by Rs 15 or 0.05 per cent to Rs 32,216 per 10 grams with a business turnover of 634 lots.

Marketmen said fresh buying by speculators in tandem with a firm global trend mainly led to a rise in gold prices at the futures trade.

Meanwhile, the yellow metal traded higher by 0.02 per cent to $1,729.50 an ounce in Singapore.

Published on November 22, 2012 07:16