Business Market 19 Dec 2016 Gold futures rise 0. ...

Gold futures rise 0.08 per cent on global cues

PTI
Published Dec 19, 2016, 11:12 am IST
Updated Dec 19, 2016, 11:12 am IST
At MCX, gold for delivery in February rose by Rs 23 to Rs 27,187 per 10 grams.
Gold rose 0.41 per cent to USD 1,139.30 an ounce in Singapore.
 Gold rose 0.41 per cent to USD 1,139.30 an ounce in Singapore.

New Delhi: Tracking a firm trend overseas, gold traded higher by 0.08 per cent to Rs 27,187 per 10 grams in futures market today as traders enlarged positions.

At the Multi Commodity Exchange, gold for delivery in far-month February rose by Rs 23, or 0.08 per cent, to Rs 27,187 per 10 grams, in a business turnover of 87 lots.

 

Analysts attributed the rise in gold prices to a firming trend overseas as the US dollar weakened against a basket of major currencies, raising demand for the precious metals as a safe haven.

Meanwhile, gold rose 0.41 per cent to USD 1,139.30 an ounce in Singapore.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT