Gold prices rose 0.19 per cent to Rs 25,298 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from global markets.
At the Multi Commodity Exchange, gold for delivery in April next year was up by Rs 48 or 0.19 per cent to Rs 25,463 per 10 grams in a trade volume of one lot.
The metal for delivery in February moved up Rs 32 or 0.13 per cent to Rs 25,298 per 10 grams in a turnover of 202 lots.
Market analysts said rise in the precious metal at the global market, as traders kept on the sidelines ahead of a highly anticipated Federal Reserve meeting that is likely to result in the first US interest rate increase in almost a decade, influenced gold prices at the futures trade here.
Meanwhile, gold climbed as much as 0.5 per cent to $1,066.35 an ounce in Singapore today.
No comments:
Post a Comment