Gold futures up on fresh bets

Gold futures up on recent bets


New Delhi, Apr 18 Gold costs rose by Rs 103 to Rs 31,583 per 10 gram within the futures commerce Thursday as contributors created recent positions, monitoring a agency pattern abroad.

On the Multi Commodity Alternate, gold for supply in June contracts traded increased by Rs 103, or zero.33 per cent, to Rs 31,583 per 10 gram in a enterprise turnover of 14,275 tons.

The gold for supply in August additionally rose by Rs 79, or zero.25 per cent, to Rs 31,728 per 10 gram in 2,803 tons.

Market analysts mentioned the rise in gold costs on the futures commerce was principally resulting from widening of positions by contributors within the home markets.

Globally, the gold was buying and selling a shade increased by zero.32 per cent at USD 1,276.29 an oz. in Singapore. SHW HRS

Disclaimer :- This story has not been edited by Outlook workers and is auto-generated from information company feeds.

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