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Business Market 17 Apr 2017 Gold futures advance Rs 50 on global cues

Business, Market

Gold futures advance Rs 50 on global cues

PTI

Published : Apr 17, 2017, 11:19 am IST

Updated : Apr 17, 2017, 11:19 am IST

Gold is trading at Rs 29,459 per ten grams in futures trading.

New Delhi: Gold prices rose Rs 50 to Rs 29,459 per ten grams in futures trading today as speculators raised bets, tracking a firming trend overseas.

Gold for delivery in June spurted Rs 50, or 0.17 per cent, to Rs 29,459 per 10 grams, in a business turnover of 725 lots.

Analysts said, speculators widened their bets, tracking a firming global trend due to continued geopolitical tensions which boosted the metal's appeal as a haven asset and influenced gold futures here.

Globally, gold traded at USD 1,291.60 an ounce in Singapore.

Tags: gold, gold price

Location: India, Delhi, New Delhi

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