Top

Gold futures rise by 0.13 per cent on global cues

Gold prices rose up to Rs 26,502 per 10 gram in futures trade

New Delhi: Gold prices rose 0.13 per cent to Rs 26,502 per 10 gram in futures trade on September 24, as speculators created fresh positions, taking positive cues from global markets. At the Multi Commodity Exchange, gold for delivery in October was up by Rs 35, or 0.13 per cent, to Rs 26,502 per 10 gram in a business turnover of 15 lots. The metal for delivery in far-month December moved up Rs 36, or 0.13 per cent, to Rs 26,720 per 10 gm in a turnover of 15 lots.

Market analysts said rise in the precious metal at global markets ahead of a speech from Federal Reserve chief Janet Yellen, which will provide more clarity on the bank's plans for an interest rate hike, influenced gold prices at futures trade here.

Meanwhile, gold climbed as much as 0.42 per cent to USD 1,135 an ounce in Singapore on September 24.

( Source : PTI )
Next Story