Moneycontrol
Last Updated : Mar 13, 2019 12:56 PM IST | Source: PTI

Gold futures up Rs 154 as participants create position

Similarly, the June contracts of the precious metal was trading up Rs 171, or 0.53%, at Rs 32,432 per 10 gram with a business volume of 9,970 lots.

Gold prices rose by Rs 154 to Rs 32,154 per 10 gram in futures trading on March 13 as speculators widened their bets, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 154, or 0.48 percent, at Rs 32,154 per 10 gram in a business turnover of 9,276 lots.

Similarly, the June contracts of the precious metal was trading up Rs 171, or 0.53 percent, at Rs 32,432 per 10 gram with a business volume of 9,970 lots.

Analysts said raising of bets by participants, taking positive cues from global market as weakness in dollar raised demand for the precious metal as a safe-haven, mainly pushed up the gold prices at futures trade here.

Globally, gold rose 0.66 percent to trade at $1,304.89 an ounce in Singapore.
First Published on Mar 13, 2019 12:45 pm
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