Gold futures surge ₹147 on firm global cues
Multi Commodity Exchange, gold for delivery in April was trading higher by ₹147Globally, 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.
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This story has been published from a wire agency feed without modifications to the text.