Gold futures rise on positive global cues
20/12/2017
20/12/2017 12:49
Gold prices went up in the domestic market on Wednesday as speculators built up fresh positions, tracking a firm trend overseas.
Analysts said, fresh positions created by participants in line with a firm trend as the dollar held steady on expectations of a US tax overhaul, mainly influenced gold prices at futures trade.
At the MCX, gold futures for February 2018 contract is trading at Rs 28465 per 10 grams, up by 0.21 per cent, after opening at Rs 28452, against a previous close of Rs 28405. It touched the intra-day high of Rs 28470 (at 12:53 hours).
20/12/2017
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Gold futures rise on positive global cues20/12/2017 12:49
Gold prices went up in the domestic market on Wednesday as speculators built up fresh positions, tracking a firm trend overseas.
Analysts said, fresh positions created by participants in line with a firm trend as the dollar held steady on expectations of a US tax overhaul, mainly influenced gold prices at futures trade.
At the MCX, gold futures for February 2018 contract is trading at Rs 28465 per 10 grams, up by 0.21 per cent, after opening at Rs 28452, against a previous close of Rs 28405. It touched the intra-day high of Rs 28470 (at 12:53 hours).
