Financials News

Gold futures rise marginally on firm global cues

Gold futures rise marginally on firm global cues
Representational Photo

New Delhi: Gold prices rose by Rs 62 to Rs 30,114 per 10 grams in futures trade on Wednesday as speculators raised bets amid a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in February rose by Rs 62, or 0.21 per cent, to Rs 30,114 per 10 grams in a business turnover of 472 lots.

Similarly, the yellow metal for delivery in April was trading higher by Rs 41, or 0.14 per cent, to Rs 30,026 per 10 grams in 159 lots.

Analysts said a firming trend in the global markets influenced gold prices at futures trade here.

Globally, gold higher 0.15 per cent to USD 1,340.10 an ounce in Singapore on Wednesday.

PTI