30 May 2020 | 2:02 PM

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COMMODITYNEWS
Gold futures gain Rs 42 to Rs 39653 per 10 gm
Published on 01-16-2020
Gold prices on Thursday rose by Rs 42 to Rs 39653 per 10 gram in futures trade as speculators increased their bets in tandem with positive trend overseas.


On the Multi Commodity Exchange gold contracts for February traded higher by Rs 42 or 0.11 per cent at Rs 39653 per 10 gram with a business turnover of 11890 lots.


The yellow metal for April delivery also traded higher by Rs 33 or 0.08 per cent at Rs 39777 per 10 gram in a business turnover of 11123 lots.


Fresh positions built up by participants taking positive cues from global markets mostly led to the rise in gold prices analysts said.


Globally gold prices rose by 0.04 per cent to USD 1554.60 per ounce in New York.