Gold rises on jewellers' buying amid better global cues
04/06/2018
Gold rises on jewellers' buying amid better global cues
04/06/2018 14:40
Gold futures rose at the bullion market today on emergence of buying by local jewellers amid better global cues.
Traders said apart from positive global cues, emergence of demand for ornaments from local jewellers and retailers at existing levels mainly led to the recovery in gold prices.
At the MCX, gold futures for Aug 2018 contract was trading at Rs 30925 per 10 grams, down by 0.05 per cent, after opening at Rs 30900 against a previous close of Rs 30909. It touched the intra-day high of Rs 30948 (14:41 hours).
04/06/2018
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Gold rises on jewellers' buying amid better global cues
04/06/2018 14:40
Gold futures rose at the bullion market today on emergence of buying by local jewellers amid better global cues.
Traders said apart from positive global cues, emergence of demand for ornaments from local jewellers and retailers at existing levels mainly led to the recovery in gold prices.
At the MCX, gold futures for Aug 2018 contract was trading at Rs 30925 per 10 grams, down by 0.05 per cent, after opening at Rs 30900 against a previous close of Rs 30909. It touched the intra-day high of Rs 30948 (14:41 hours).
