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Gold futures climb Rs 131 on firm global cues

Gold is trading at Rs 30,765 per 10 gram in futures trade as speculators created positions amid positive global cues.

New Delhi: Gold prices zoomed Rs 131 to Rs 30,765 per 10 gram in futures trade on Wednesday as speculators created positions amid positive global cues.

At the Multi Commodity Exchange, gold for delivery in April moved up by Rs 131, or 0.43 per cent, to Rs 30,765 per 10 grams in a business turnover of just one lot.

The metal for delivery in June was trading higher by Rs 33, or 0.11 per cent, to Rs 30,770 per 10 grams in a turnover of 401 lots.

Analysts said widening of bets by participants in line with firm trend overseas influenced the precious metal here in futures trade here.

Meanwhile, gold rose 0.10 per cent to USD 1,333.50 an ounce in Singapore.

( Source : PTI )
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