Moneycontrol
Get App
Last Updated : Mar 15, 2019 01:37 PM IST | Source: PTI

Gold futures up by Rs 88 on positive global cues

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

Gold prices rose by Rs 88 to Rs 31,896 per 10 gram in futures trade on March 15 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 88, or 0.28 per cent, to Rs 31,896 per 10 gram, in a business turnover of 9,063 lots.

Similarly, the rate for June was up by Rs 87, or 0.27 percent, to Rs 32,135 per 10 gram with a business volume of 10,627 lots.

Close

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

Globally, gold rose 0.65 percent to trade at USD 1,301.79 an ounce in Singapore.

Subscribe to Moneycontrol Pro and gain access to curated markets data, exclusive trading recommendations, independent equity analysis, actionable investment ideas, nuanced takes on macro, corporate and policy actions, practical insights from market gurus and much more.
First Published on Mar 15, 2019 01:25 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant