News Business Gold futures rise to Rs. 27,482 on global cues

Gold futures rise to Rs. 27,482 on global cues

New Delhi: Gold prices rose Rs. 73 to Rs. 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.On the Multi Commodity Exchange, gold for delivery

gold futures rise to rs. 27 482 on global cues gold futures rise to rs. 27 482 on global cues

New Delhi: Gold prices rose Rs. 73 to Rs. 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.

On the Multi Commodity Exchange, gold for delivery in February was up by Rs. 73 or 0.23 per cent to Rs. 27,482 per 10 gram in a business turnover of 637 lots.

Similarly, the metal for delivery in far-month April moved up by Rs. 54 or 0.23 per cent to Rs. 27,540 per 10 gm in a turnover of 140 lots.

Analysts said the rise in gold prices at the futures trade was mostly in line with a firm trend overseas where the precious metals advanced from a two-week low on easing of selling pressure.

Meanwhile, gold rose as much as 0.4 per cent to $1,262.07 an ounce in Singapore.

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