Top

Gold futures rise 0.33 per cent on global cues

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 93 to Rs 28,085 per 10 gram.

New Delhi: Gold prices rose by 0.33 per cent to Rs 28,085 per 10 gram in futures trade as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 93, or 0.33 per cent, to Rs 28,085 per 10 gram, in a business turnover of 346 lots.

Likewise, the yellow metal for delivery in far-month August moved up by Rs 91, or 0.32 per cent, to Rs 28,280 per 10 gram in 9 lots. Analysts said fresh positions built up by traders in line with a firm global trend where gold strengthened as a worldwide cyber attack fuelled demand for safe-haven assets, influenced the sentiment. Globally, gold rose 0.25 per cent to USD 1,233.50 an ounce in Singapore.

( Source : PTI )
Next Story