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  Business   Market  22 Nov 2016  Gold futures up Rs 39 on firm global cues

Gold futures up Rs 39 on firm global cues

PTI
Published : Nov 22, 2016, 10:48 am IST
Updated : Nov 22, 2016, 10:48 am IST

Gold is trading at Rs 29,174 per 10 grams in futures trade.

Meanwhile, gold was trading 0.25 per cent higher at USD 1,217.26 an ounce in Singapore.
 Meanwhile, gold was trading 0.25 per cent higher at USD 1,217.26 an ounce in Singapore.

New Delhi: Gold prices were up by Rs 39 to Rs 29,174 per 10 grams in futures trade on November 22 as speculators raised their bets amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 39, or 0.13 per cent, to Rs 29,174 per 10 grams in a business turnover of 291 lots.

The yellow metal for delivery in February next year gained Rs 35, or 0.12 per cent, to Rs 29,160 per 10 gm in 19 lots.

Market analysts attributed the rise in gold prices at futures trade to a better trend in global market where it advanced from the lowest since February as the dollar declined, boosting demand for the metal as an alternative asset.

Meanwhile, gold was trading 0.25 per cent higher at USD 1,217.26 an ounce in Singapore.

Tags: gold, gold price
Location: India, Delhi, New Delhi