Gold futures rise to Rs 29,866 per 10 gram

Updated - January 16, 2018 at 10:11 PM.

Continuing its winning run, gold prices rose another Rs 32 to Rs 29,866 per 10 gram at the futures trade today amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 32 or 0.11 per cent at Rs 29,866 per 10 gram in a business turnover 270 lots.

On similar lines, the yellow metal for delivery in February next year gathered another Rs 21 or 0.07 per cent to Rs 29,828 per 10 gram in 8 lots.

Analysts attributed the persistent rise in gold prices at the futures trade to a firm trend overseas and ongoing festive and wedding season demand from jewellers at the domestic spot market.

Meanwhile, gold edged higher 0.03 per cent to $1,267.10 an ounce in Singapore.

Published on October 27, 2016 06:33