Gold futures up on global cues
Quotes

Gold futures up on global cues

Last Updated: Wednesday, June 05, 2013, 11:24
 
 Comment 0
 
Gold futures up on global cues
New Delhi: Buoyed by a firm global trend, gold prices rose by 0.33 percent to Rs 27,336 per 10 gm in futures trade today as speculators enlarged their positions.

At the Multi Commodity Exchange, gold for delivery in October rose by Rs 90, or 0.33 percent, to Rs 27,336 per 10 gm in business turnover of 15 lots.

Similarly, the yellow metal for delivery in August traded higher by Rs 186, or 0.32 percent, to Rs 27,178 per 10 gm in 852 lots.

Analysts said a firming trend in the global markets where gold rebounded to trade above USD 1,400 an ounce as equities retreated and the dollar's rally halted, boosting demand for the metal as a store of value, mainly led to rise in gold prices at futures trade.

Meanwhile, gold rose 0.60 percent to USD 1,408.20 an ounce in Singapore in early trade today.

PTI



First Published: Wednesday, June 05, 2013, 11:24


Comments


comments powered by Disqus
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Google I/O 2014
Google I/O 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved