Gold futures up on global cues
08/09/2017
Gold futures were trading higher in the domestic market on Friday as speculators took fresh positions on positive cues from global markets.Market analysts said the rise in global market prices where gold surged to one-year high as the dollar sagged on the back of weaker-than-expected US jobs data. This influenced gold prices in futures market in India as well.At the MCX, gold futures for October 2017 contract was at Rs 30367 per 10 grams, up 0.28 per cent, after opening at Rs 30382 against a previous close of Rs 30282. It touched the intra-day high of Rs 30474 (11:53 hours).
08/09/2017
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Gold futures were trading higher in the domestic market on Friday as speculators took fresh positions on positive cues from global markets.Market analysts said the rise in global market prices where gold surged to one-year high as the dollar sagged on the back of weaker-than-expected US jobs data. This influenced gold prices in futures market in India as well.At the MCX, gold futures for October 2017 contract was at Rs 30367 per 10 grams, up 0.28 per cent, after opening at Rs 30382 against a previous close of Rs 30282. It touched the intra-day high of Rs 30474 (11:53 hours).
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