Gold futures move up by Rs 64 on firm global cues

PTI Updated - December 07, 2021 at 02:21 AM.

gold

Gold prices rose Rs 64 to Rs 26,765 per 10 grams at the futures trade today as speculators created fresh positions amid positive cues from the global market.

On the Multi Commodity Exchange, gold for delivery in June moved up by Rs 64 or 0.24 per cent to Rs 26,765 per 10 grams in a business turnover of 197 lots.

The metal for delivery in August was trading higher by a similar margin at Rs 26,925 per 10 grams in a turnover of just one lot.

Analysts said a firm trend in global market, where gold recovered from a five-week low as conflicting US data clouded the outlook for higher rates before the Federal Reserve policy makers meet this week, influenced the precious metal here at the futures trade.

Meanwhile, gold rose as much as 0.4 per cent to $1,183.60 an ounce in Singapore.

Published on April 27, 2015 07:50