Gold futures rise 0.19% on positive global cues

Press Trust of India  |  New Delhi 

Gold prices rose by 0.19 per cent to Rs 30,550 per 10 grams in futures trade today as speculators enlarged their positions, tracking a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in August went up by Rs 57 or 0.19 per cent to Rs 30,550 per ten in business turnover of 239 lots.

Similarly, the for delivery in October was trading higher Rs 56 or 0.18 per cent to Rs 30,830 per ten in 13 lots.

Market analysts said widening of positions by traders in sync with a firming global trend mainly influenced gold prices at futures trade.

Globally, gold rose 0.31 per cent to USD 1256.20 an ounce in

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First Published: Wed, July 04 2018. 11:50 IST