Gold futures jump to Rs 27,147 per 10 gm

New Delhi: Taking positive cues from global market, gold rose Rs 109 to Rs 27,147 per ten gram at the futures trade today as speculators enlarged positions.Also Read: Is gold a good investment option in
gold futures jump to rs 27 147 per 10 gm - India...
PTI January 06, 2015 12:39 IST

New Delhi: Taking positive cues from global market, gold rose Rs 109 to Rs 27,147 per ten gram at the futures trade today as speculators enlarged positions.

Also Read: Is gold a good investment option in 2015?

On the Multi Commodity Exchange, gold for delivery in February was up by Rs 109 or 0.4 per cent to Rs 27,147 per 10 grams in a business turnover of 616 lots.

The metal for delivery in far-month April moved up by Rs 79 or 0.29 per cent to Rs 27,334 per ten grams in eight lots.

Analysts said fresh positions created by participants following a better trend in global market as slumping equity markets and concern that Greece may quit the euro area spurred demand for a safe-haven and influenced the precious metal at the futures trade here.

Meanwhile, gold advanced 0.3 per cent to $1,208.29 an ounce in Singapore, the highest level since December 30.

 
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