Gold futures prices recovered by 0.78 per cent to Rs 28,887 per 10 grams today tracking a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in December gained Rs 224 or 0.78 per cent to Rs 28,887 per 10 grams with an open interest for 3,867 lots. Similarly, the metal for delivery in far-month February also rose Rs 210 or 0.72 per cent to Rs 29,215 per 10 grams in 3,087 lots.
Market analysts attributed the recovery in gold futures to a firming trend in Asian markets.
Meanwhile, spot gold prices recovered by $6.70 to $1,722.10 an ounce in Singapore in the early trade today.
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.