Gold prices rise on global cues, jewellers’ buying
02/01/2018
02/01/2018 16:52
Gold prices edged higher at the bullion market on Tuesday, tracking a firm trend overseas amid scattered buying by local jewellers.
Apart from a firm global trend as weakness in dollar boosted safe haven demand, mild buying by local jewellers at the domestic spot market aided the uptrend in gold prices.
At the MCX, gold futures for February 2018 contract is trading at Rs 29162 per 10 grams, up by 0.13 per cent, after opening at Rs 29150, against a previous close of Rs 29123. It touched the intra-day high of Rs 29199 (at 16:57 hours).
02/01/2018
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Gold prices rise on global cues, jewellers’ buying02/01/2018 16:52
Gold prices edged higher at the bullion market on Tuesday, tracking a firm trend overseas amid scattered buying by local jewellers.
Apart from a firm global trend as weakness in dollar boosted safe haven demand, mild buying by local jewellers at the domestic spot market aided the uptrend in gold prices.
At the MCX, gold futures for February 2018 contract is trading at Rs 29162 per 10 grams, up by 0.13 per cent, after opening at Rs 29150, against a previous close of Rs 29123. It touched the intra-day high of Rs 29199 (at 16:57 hours).
