Gold futures rise to Rs 27,482 on global cues

PTI Updated - December 07, 2021 at 01:40 AM.

gold

Gold prices rose Rs 73 to Rs 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.

On the Multi Commodity Exchange, gold for delivery in February was up by Rs 73 or 0.23 per cent to Rs 27,482 per 10 gram in a business turnover of 637 lots.

Similarly, the metal for delivery in far-month April moved up by Rs 54 or 0.23 per cent to Rs 27,540 per 10 gm in a turnover of 140 lots.

Analysts said the rise in gold prices at the futures trade was mostly in line with a firm trend overseas where the precious metals advanced from a two-week low on easing of selling pressure.

Meanwhile, gold rose as much as 0.4 per cent to $1,262.07 an ounce in Singapore.

Published on January 30, 2015 07:00