Gold futures gain 0.12 per cent at MCX

Gold futures gain 0.12 per cent at MCX

PTIUpdated: Wednesday, May 29, 2019, 03:33 AM IST
article-image

New Delhi: Gold prices rose 0.12 per cent to Rs 31,779 per 10 grams in futures trade today as speculators built up fresh positions, shrugging-off weak overseas trend.

At the Multi Commodity Exchange, gold for delivery in February traded higher by Rs 38, or 0.12 per cent, at Rs 31,779 per 10 grams, in a business turnover of 2,085 lots.

Analysts said the rise in gold prices at futures trade was mostly on the back of fresh positions built up by participants but a weak trend overseas, limited the gains. Globally, gold fell 0.20 per cent at USD 1,282.97 an ounce in Singapore.

RECENT STORIES

Gold Shines Bright: Jumps ₹400 To Breach ₹74,000 Mark; Silver Hits Fresh Peak

Gold Shines Bright: Jumps ₹400 To Breach ₹74,000 Mark; Silver Hits Fresh Peak

'Ethylene Oxide Presence': Singapore Issues Recall On Everest Fish Curry Masala Due To Harmful...

'Ethylene Oxide Presence': Singapore Issues Recall On Everest Fish Curry Masala Due To Harmful...

Ford Territory Name Trademarked in India, Set to Compete with Mahindra XUV700 and Tata Harrier

Ford Territory Name Trademarked in India, Set to Compete with Mahindra XUV700 and Tata Harrier

5-Month-Old Ekagrah Murty To 'Earn' ₹4.2 Crore From Infosys' Blockbuster Earnings Dividend

5-Month-Old Ekagrah Murty To 'Earn' ₹4.2 Crore From Infosys' Blockbuster Earnings Dividend

'Torn And Taped': X User Shares His Ordeal After SBI ATM At Delhi Airport Dispenses Damaged ₹500...

'Torn And Taped': X User Shares His Ordeal After SBI ATM At Delhi Airport Dispenses Damaged ₹500...