Business Market 07 Feb 2017 Gold futures up Rs 8 ...

Gold futures up Rs 87 at Rs 29,280 per 10 grams on firm global cues

PTI
Published Feb 7, 2017, 11:04 am IST
Updated Feb 7, 2017, 11:16 am IST
Yellow metal for delivery for June was trading higher by Rs 75 or 0.26 per cent to Rs 29,305 per 10 grams in four lots.
Gold surged 1.29 per cent to $1,235.20 an ounce in New York yesterday.
 Gold surged 1.29 per cent to $1,235.20 an ounce in New York yesterday.

New Delhi: Gold prices rose by Rs 87 to Rs 29,280 per 10 grams in futures trading today as speculators raised their bets amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs 87 or 0.30 per cent to Rs 29,280 per 10 grams in a business turnover of 306 lots.

 

Similarly, the yellow metal for delivery in far-month June was trading higher by Rs 75 or 0.26 per cent to Rs 29,305 per 10 grams in four lots.

Analysts said a firming trend in the global markets, mainly influenced gold prices at futures trade here. Globally, gold surged 1.29 per cent to USD 1,235.20 an ounce in New York yesterday.

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Location: India, Delhi, New Delhi




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