Gold futures up on spot demand

Gold futures up on spot demand


New Delhi, Apr 29 Gold costs rose zero.08 per cent at Rs 31,938 per 10 gram in futures commerce Monday as merchants raised bets amid constructive cues from home markets.

Gold to be delivered by June contracts was buying and selling larger by Rs 27, or zero.08 per cent, at Rs 31,938 per 10 gram in a enterprise turnover of 13,053 heaps on the Multi Commodity Change.

Equally, the metallic for supply in August contracts additionally gained Rs 10, or zero.03 per cent, to Rs 32,090 per 10 gram in three,614 heaps.

Analysts attributed the rise within the valuable metallic to widening of positions by contributors according to a agency development within the home markets.

In the meantime, gold was buying and selling a shade decrease by zero.18 per cent at USD 1,282.54 an oz in Singapore. ADI RUJ SHW

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

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