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  Business   Economy  09 Jan 2017  Gold rises by Rs 28 per 10 gram in future trading

Gold rises by Rs 28 per 10 gram in future trading

PTI
Published : Jan 9, 2017, 11:08 am IST
Updated : Jan 9, 2017, 12:33 pm IST

Globally, gold rose 0.14 per cent to USD 1,173.80 an ounce in Singapore.

At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 28, or 0.10 per cent, to Rs 27,920 per 10 grams in a business turnover of one lot.
 At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 28, or 0.10 per cent, to Rs 27,920 per 10 grams in a business turnover of one lot.

New Delhi: Gold prices rose higher by Rs 28 to Rs 27,920 per 10 grams in futures trading today as speculators widened their bets, triggered by a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 28, or 0.10 per cent, to Rs 27,920 per 10 grams in a business turnover of one lot. Similarly, the yellow metal for delivery in February was trading higher by Rs 17, or 0.06 per cent, to Rs 27,904 per 10 grams in 142 lots.

Analysts said widening of positions by participants, tracking a firm lead from global market, influenced the precious metal prices in the futures trade here. Globally, gold rose 0.14 per cent to USD 1,173.80 an ounce in Singapore.

Tags: gold market, multi commodity exchange
Location: India, Delhi, New Delhi