Gold futures up on firm Asian cues

Last Updated: Monday, March 26, 2012 - 14:43

New Delhi: Gold prices rose by Rs 95 to Rs 28,646 per 10 grams in futures trading today, as speculators created fresh positions on hopes a rise in demand in the spot market and firm trend in Asian region.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 95, or 0.33 per cent to Rs 28,646 per 10 grams in business turnover of 762 lots.

Similarly, the metal for delivery in April moved up by Rs 87, or 0.31 per cent, to Rs 28,186 per 10 grams in 4,402 lots. Market analysts attributed the rise in gold futures to firming trend in Asian region.

Meanwhile, gold traded higher by 0.02 per cent to USD 1,663.20 an ounce in Asian region.

PTI

First Published: Monday, March 26, 2012 - 14:43
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