Gold futures open higher at Rs 30,073 per 10 gm

Suresh P. Iyengar Updated - March 12, 2018 at 02:37 PM.

In Mumbai spot market, the yellow metal opened at Rs 29,990 per 10 gram, according to the Bombay Bullion Association.

Gold futures on the Multi Commodity Exchange opened higher at Rs 30,073 per 10 grams against Saturday's close of Rs 30,032.

In Comex, it was trading at $1,622 a troy ounce.

Gold may trade on the higher side taking cues from global markets. If rupee appreciates, then gains in gold prices will be limited in India.

In MCX platform, the October contract may trade in a range between Rs 30,070 and Rs 30,200.

Published on August 13, 2012 07:40