Gold futures down at Rs 27,736 per 10 gm

Our Bureau Updated - March 12, 2018 at 05:13 PM.

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Gold futures on the Multi Commodity Exchange were trading lower by 0.11 per cent at Rs 27,736 per 10 grams at 1.15 p.m. on Friday.

August contract opened higher at Rs 27,785 against the previous close of Rs 27,765.

In Comex, the yellow metal for August delivery was up by $7 at $1,385 a troy ounce at 1.15 p.m.

New Delhi: Gold prices moved up marginally by 0.23 per cent to Rs 27,829 per 10 gm at the futures trade as speculators created positions taking positive cues from the global market amid firm spot demand.

On the Multi Commodity Exchange, gold for delivery in August moved up by Rs 63 or 0.23 per cent to Rs 27,829 per 10 gm in a business turnover of 3,573 lots.

Similarly, the metal for delivery in far-month October moved up by Rs 59 or 0.21 per cent to Rs 28,016 per 10 gm in a turnover of 242 lots.

Analysts said a firm trend in the global market mainly influenced gold prices at the futures trade here.

Meanwhile, the yellow metal rose 0.05 per cent to $1,386.40 an ounce in Singapore.

Published on June 14, 2013 06:44