Gold prices zoomed Rs 131 to Rs 30,765 per 10 gram at the futures trade today as speculators created fresh positions owing to positive global cues.
At the Multi Commodity Exchange, gold for delivery in April moved up by Rs 131 or 0.43 per cent to Rs 30,765 per 10 grams in a business turnover of just one lot. The metal for delivery in June was trading higher by Rs 33 or 0.11 per cent at Rs 30,770 per 10 grams in a turnover of 401 lots.
Analysts said widening of bets by participants in line with a firm trend overseas influenced the precious metal prices at the futures trade. Meanwhile, gold rose 0.10 per cent to $1,333.50 an ounce in Singapore.
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.