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Monday February 6th 2012

Gold futures rise on global cues

NEW DELHI: Gold prices rose by Rs 36 to Rs 16,835 per ten grams in the futures market today on steady buying amid a firming global
trend.

At the Multi Commodity Exchange, gold for June month contract rose by Rs 36 or 0.21 per cent to Rs 16,835 per ten grams with an open interest of 3,382 lots.

The metal for delivery in April contract also gained Rs 31 or 0.19 per cent to Rs 16,749 per ten grams in a turnover of 14,768 lots.

Marketmen said fresh buying for the nine-day Navratra festival and reports of a firming global trend pushed up gold prices at the futures market. [Read More]

Post Published: 17 March 2010
Author: admin
Found in section: Global News

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