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Last Updated : Nov 08, 2016 10:57 AM IST | Source: PTI

Gold recovers Rs 22 on positive global cues

At the Multi Commodity Exchange, gold for delivery in February next year was trading higher by Rs 22 or 0.07 percent to Rs 30,113 per 10 grams in a business turnover of 13 lots.


Gold prices recovered by Rs 22 to Rs 30,113 per 10 grams in futures trade today as speculators raised their bets amid a firm global trend.


At the Multi Commodity Exchange, gold for delivery in February next year was trading higher by Rs 22 or 0.07 percent to Rs 30,113 per 10 grams in a business turnover of 13 lots.


The yellow metal for delivery in December gained Rs 12 or 0.04 percent to Rs 30,090 per 10 grams in 321 lots.

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Market analysts attributed the rise in gold prices at futures trade to positive global.


Meanwhile, gold in global market fell the most in one month in yesterday's trade as investors shifted out of havens and into more bullish bets amid speculation that Hillary Clinton is closer to winning the US election.


Globally, gold was trading 0.10 percent higher at USD 1,282.50 an ounce in Singapore.



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First Published on Nov 8, 2016 10:54 am
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