Monday 27 November 2017

Gold rate today: MCX futures rise on global cues; Silver gains


Gold costs rose 0.31 per cent to Rs 29,471 per ten grams in futures trade nowadays as speculators created recent positions, taking positive cues from international markets.

Gold costs rose 0.31 per cent to Rs 29,471 per ten grams in futures trade nowadays as speculators created recent positions, taking positive cues from international markets.
At the Multi commodities market, gold for delivery in Gregorian calendar month was commercialism up by Rs 91, or 0.31 per cent, to Rs 29,471 per ten grams in a very trade volume of 317 heaps.

The metal for delivery in Gregorian calendar month affected up Rs 69, or 0.23 per cent, to Rs 29,586 per ten grams in a very turnover of 45 heaps.

Market analysts aforesaid rise within the valuable at the world market influenced gold costs at futures trade here as participants enlarged bets.

Meanwhile, gold edged up the maximum amount as 0.14 per cent to USD 1,289.70 an oz. in Singapore nowadays.

Silver costs rose by Rs 113 to achieve Rs 39,354 per weight unit in futures commercialism nowadays as speculators raised bets amid a firm trend in precious metals overseas.

In futures commercialism at the Multi commodities market, silver for delivery in Gregorian calendar month was commercialism higher by Rs 113, or 0.29 per cent, at Rs 39,354 per weight unit in a very business turnover of 298 heaps.

In a similar fashion, silver for delivery in March shot up by Rs 111, or 0.28 per cent, to Rs 40,030, continuance a business turnover of 33 heaps.

Market analysts aforesaid recent positions engineered by speculators in line with a firm trend in international markets for precious metals influenced silver costs at the futures trade. Meanwhile, silver was up 0.06 per cent to USD 17.02 an oz. in Singapore nowadays.

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