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Gold rises 0.46% on positive global cues
Team Udayavani, Sep 6, 2018, 5:39 PM IST
New Delhi: Gold prices went up by Rs 142 to Rs 30,682 per 10 grams in futures trade today as speculators raised bets amid a firm global trend.
The December contract of gold was up by Rs 142, or 0.46 per cent, to Rs 30,682 per ten grams in a business volume of 32 lots in futures trade at the Multi Commodity Exchange.
Gold for delivery in October was trading higher by Rs 139, or 0.46 per cent, to Rs 30,454 per 10 grams in a business turnover of 545 lots.
Market analysts attributed rise in gold futures to widening of positions by participants, taking positive leads from global marker on dollar weakness amid the US-China trade conflict.
Gold rose by 0.05 per cent to USD 1,196.90 an ounce in Singapore today.
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