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Gold prices increased over 1% to Rs 30,308 per ten gram in futures trade today as investors indulged in building up fresh positions amid a firming trend
overseas as the US Federal Reserve unexpectedly hold back from cutting
economic stimulus.
At the Multi Commodity Exchange, metal prices for delivery in October went up by Rs 318, or 1.06%, to trade above Rs 30,308 per ten gram, in a turnover of 868 lots. Similarly, the metal prices for delivery in far-month December shot up by Rs 163, or 0.88%, to Rs 30,110 per 10 gm, in a business volume of 121 lots.
Globally, gold rose by $55.30, or 4.22%
At the Multi Commodity Exchange, metal prices for delivery in October went up by Rs 318, or 1.06%, to trade above Rs 30,308 per ten gram, in a turnover of 868 lots. Similarly, the metal prices for delivery in far-month December shot up by Rs 163, or 0.88%, to Rs 30,110 per 10 gm, in a business volume of 121 lots.
Globally, gold rose by $55.30, or 4.22%
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