Gold prices rose marginally by 0.31 per cent to Rs 27,935 per 10 grams

Gold prices rose marginally by 0.31 per cent to Rs 27,935 per 10 grams at the futures trade today, as speculators created fresh positions on the back of a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in April rose Rs 85 or 0.31 per cent to Rs 27,850 per 10 grams with a business turnover of 281 lots. Similarly, the metal for delivery in February gained Rs 79 or 0.29 per cent to Rs 27,569 per 10 grams with a business volume of 2,369 lots.

Marketmen said the rise in gold prices at the futures trade was mainly due to a firm trend in global markets.

Meanwhile, gold was trading 0.3 per cent higher at $1,671.87 an ounce in Singapore in early trade today, the highest level since December 13 – PTI

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Posted by admin on Jan 23 2012. Filed under Gold price. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry