(Reuters )
(Reuters )

Gold futures surge 147 on firm global cues

  • Multi Commodity Exchange, gold for delivery in April was trading higher by 147
  • Globally, gold rose 0.39% to trade at $1,323.29 an ounce in Singapore

New Delhi: Gold prices went up by 147 to 33,531 per 10 gram in futures trade Monday as speculators widened their bets tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in April was trading higher by 147, or 0.44%, at 33,531 per 10 gram in a business turnover of 16,643 lots.

Similarly, gold for June was up by 149, or 0.44%, to 33,728 per 10 gram with a business volume of 6,199 lots.

Analysts said built up of positions by participants on positive cues from global market raised demand for the precious metal as a safe haven and pushed up gold prices at futures trade here.

Globally, gold rose 0.39% to trade at $1,323.29 an ounce in Singapore.

This story has been published from a wire agency feed without modifications to the text.

Close