Gold prices rose 0.15 per cent to Rs 29,437 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from global markets.
At the Multi Commodity Exchange, gold for delivery in December was up by Rs 44 or 0.15 per cent at Rs 29,437 per 10 grams in a trade volume of 524 lots. The metal for delivery in far-month February moved up Rs 22 or 0.07 per cent to Rs 29,566 per 10 grams in a turnover of 129 lots.
Market analysts said building up of fresh positions by participants, tracking a firm trend at the global market, influenced gold prices at the futures trade here.
Meanwhile, gold climbed as much as 0.13 per cent to $1,295.10 an ounce in Singapore 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.