Thursday, Apr 25, 2024 | Last Update : 05:33 AM IST
Gold futures up Rs 29 on firm global cues
Gold is trading at Rs 29,792 per 10 gram.
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New Delhi:
Gold prices rose Rs 29 to Rs 29,792 per 10 gram in futures trading on October 25 as participants widened bets, triggered by a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 29, or 0.10 per cent, to Rs 29,792 per 10 gram, in a business turnover of 229 lots.
Similarly, the yellow metal for delivery in far-month February 2017 traded higher by Rs 25, or 0.08 per cent, to Rs 29,825 per 10 gram in seven lots.
Analysts said expanding of positions by participants, tracking a firming trend in the global market mainly influenced the precious metal prices at futures trade.
Globally, gold rose 0.15 per cent to USD 1,266.30 an ounce in Singapore on October 25.
