Gold futures up Rs 154 as participants create position

Press Trust of India  |  New Delhi 

Gold prices rose by Rs 154 to Rs 32,154 per 10 gram in futures trading Wednesday as speculators widened their bets, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 154, or 0.48 per cent, at Rs 32,154 per 10 gram in a business turnover of 9,276 lots.

Similarly, the June contracts of the was trading up Rs 171, or 0.53 per cent, at Rs 32,432 per 10 gram with a business volume of 9,970 lots.

Analysts said raising of bets by participants, taking positive cues from global market as weakness in dollar raised demand for the as a safe-haven, mainly pushed up the gold prices at futures trade here.

Globally, gold rose 0.66 per cent to trade at USD 1,304.89 an ounce in

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First Published: Wed, March 13 2019. 12:50 IST