Financials News

Gold futures up Rs 74 on additional bets

Gold futures up Rs 74 on additional bets
Representational Photo

New Delhi: Gold prices rose by Rs 74 to Rs 28,328 per 10 grams in futures trading today as speculators created fresh positions.

At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 74, or 0.26 per cent, to Rs 28,328 per 10 grams, in a business turnover of 509 lots.

Similarly, the yellow metal for delivery in far-month April traded higher by Rs 71, or 0.25 per cent, to Rs 28,330 per 10 grams in 12 lots.

Analysts said building up of positions by speculators led to a jump in gold prices.

PTI