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  Business   Market  06 Sep 2017  Gold rises by Rs 31 on positive global cues

Gold rises by Rs 31 on positive global cues

PTI
Published : Sep 6, 2017, 11:07 am IST
Updated : Sep 6, 2017, 11:07 am IST

Gold is trading at Rs 30,419 per 10 grams as speculators raised bets amid a firm global trend.

Meanwhile, gold was trading 0.42 per cent higher at USD 1,339.40 an ounce in New York. (Photo: Representational/AFP)
 Meanwhile, gold was trading 0.42 per cent higher at USD 1,339.40 an ounce in New York. (Photo: Representational/AFP)

New Delhi: Gold prices were trading higher by Rs 31 at Rs 30,419 per 10 grams in futures trade on Wednesday as speculators raised bets amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in far-month December was trading higher by Rs 31, or 0.10 per cent, to Rs 30,419 per 10 grams in a business turnover of 26 lots.

The yellow metal for delivery in October too gained Rs 27, or 0.09 per cent, to Rs 30,250 per 10 grams in 696 lots.

Market analysts attributed the rise in gold prices at futures trade to a firming trend overseas as demand for safe- haven assets remained strong in the wake of North Korea's most powerful nuclear test to date.

Meanwhile, gold was trading 0.42 per cent higher at USD 1,339.40 an ounce in New York on Tuesday.

Tags: gold, gold price, gold per 10 gm, gold price in india
Location: India, Delhi, New Delhi