Comments
Gold prices moved up by 0.27 per cent to Rs 30,252 per ten gram at the futures trade today as speculators created fresh positions on firm global cues.
On the Multi Commodity Exchange, gold for delivery in December rose Rs 81 or 0.27 per cent to Rs 30,252 per ten gram in a business turnover of 2,545 lots.
Similarly, the metal for delivery in February moved up by Rs 48 or 0.16 per cent to Rs 29,933 per ten gram in 46 lots.
Market analysts attributed the rise in gold futures to a firm global trend as the dollar slid to a two-year low against the euro, boosting the demand for precious metals.
Meanwhile, gold rose 0.6 per cent to $1,341.90 an ounce in London.
Comments
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.