Development News Edition
Give Feedback

Gold futures rise 0.25 pc on global cues

At the Multi Commodity Exchange, gold for delivery in October month moved up by Rs 73, or 0.25 per cent to Rs 29,670 per 10 grams in business turnover of 495 lots.


PTI Last Updated at 08 Aug 2018, 11:08 IST India

Gold prices went up by 0.25 percent to Rs 29,670 per 10 grams in futures trading today as speculators raised bets amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in October month moved up by Rs 73, or 0.25 percent to Rs 29,670 per 10 grams in business turnover of 495 lots.

On similar lines, the yellow metal for delivery in December contracts gained Rs 42, or 0.14 percent to Rs 29,900 per 10 grams in just 1 lot.

Market analysts attributed the rise in gold prices in futures trade to a firm trend overseas as the US dollar softened against China's yuan and the euro.

Meanwhile, gold rose 0.32 percent to USD 1214.40 an ounce in Singapore today.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY :
India

add banner

LEAVE COMMENT

Download our Android App on Google Play