NEW DELHI, Mar 14: Taking positive cues from global markets, gold futures prices today rose further by 0.24 per cent to Rs 30,126 per 10 grams as speculators enlarged positions.
At the Multi Commodity Exchange, metal for delivery in far-month June gained Rs 71, or 0.24 per cent, to trade higher at Rs 30,126 per 10 gm in a turnover of 14 lots.
On the similar lines, the metal for delivery in April edged higher by Rs 61, or 0.20 per cent, to Rs 30,610 per 10 gram, clocking a business volume of 254 lots.
Analysts attributed rise in gold prices at futures trade to the precious metal’s sustained rise in the global markets as escalating tension in Ukraine, before a vote in Crimea on breaking away to join Russia, and concern that China’s growth is faltering boosted demand for safe-haven.
Globally, gold rose 0.5 per cent to USD 1,376.64 an ounce in Singapore today, the highest level since September 10. (AGENCIES)
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