Gold futures up on spot demand

Gold futures up on spot demand


New Delhi, Could 28 Gold costs rose zero.06 per cent to Rs 31,631 per 10 gram in futures commerce Tuesday as speculators constructed up recent positions in home markets.

On the Multi Commodity Alternate, gold for supply in June contracts traded greater by Rs 18, or zero.06 per cent, to Rs 31,631 per 10 gram in a enterprise turnover of four,954 heaps.

Analysts mentioned the rise in gold costs was totally on the again of recent positions constructed up by the contributors. Nonetheless, a weak development abroad restricted the positive aspects in gold futures.

Globally, the valuable metallic costs fell zero.11 per cent at USD 1,287.80 an oz in New York. ADI SHW

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