Comments
Gold prices rose 0.27 per cent to Rs 29,345 per ten grams at the futures trade today as speculators created fresh positions, tracking a firm global trend.
On the Multi Commodity Exchange, gold for delivery in February rose Rs 80 or 0.27 per cent to Rs 29,345 per ten grams in a business turnover of 952 lots.
Similarly, the metal for delivery in April gained Rs 57 or 0.2 per cent to Rs 28,701 per ten grams in 88 lots.
Market analysts said speculators created fresh positions in tandem with a firm global trend where gold rose to a six-week high.
Meanwhile, the yellow metal rose 0.5 per cent to $1,260.07 an ounce, the highest price since December 11 in Singapore.
Comments
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.