Published on 30/10/2019 1:58:23 PM | Source: Dion Global Solutions Ltd

Gold futures rise on positive cues

Posted in Top Stories| #Gold #Commodity Tips #MCX

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Gold futures were trading higher during the noon trade in the domestic market on Wednesday as speculators widened their bets, tracking a firm trend overseas. Analysts said the rise in gold prices was mostly on the back of fresh positions built up by the participants taking positive cues from global markets.

At the MCX, gold futures for December 2019 contract is trading at Rs 37951.00 per 10 grams, up by 0.09 per cent, after opening at Rs 37920.00, against a previous close of Rs 37916.00. It touched the intra-day high of Rs 37989.00 (at 12:53 hours).