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Gold futures rise on firm global cues
Gold prices rose by Rs 32 to Rs 28,397 per 10 grams in futures trade today as speculators created fresh positions, tracking a firm trend in overseas markets.
Updated on: Mar 23, 2012, 16:42:32 IST
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Gold prices rose by Rs 32 to Rs 28,397 per 10 grams in futures trade today as speculators created fresh positions, tracking a firm trend in overseas markets.
At the Multi Commodity Exchange, gold for delivery in June rose by Rs 32, or 0.11% to Rs 28,397 per 10 grams in business turnover of 679 lots.
Similarly, the metal for delivery in April moved up by Rs 25, or 0.09%, to Rs 27,938 per 10 grams in 7,501 lots.
Market analysts attributed to rise in gold futures to firming global trend.
Meanwhile, gold rose 0.4% to $1,652.10 an ounce in London.
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