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MCX Gold futures prices up 0.14% on global cues

The prices of gold went up by 0.14% to Rs 29,644 per ten grams in futures exchange today as speculators established new positions, tracking a firm global trend.

At the Multi Commodity Exchange, gold for February delivery rose 40 paise, or 0.14 per cent, to Rs 29,644 per ten grams in business volume of 68 lots.

Similarly, the metal for delivery in December rose by R 17, or 0.06 percent at 29,937 rupees per ten grams in 1170 lots.
Market observers ascribed the rise in gold futures for scalpers buy, driven by a firming global trend.

Reported : Economic Times

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About Narmada Ji

Myself Technical Analyst and Owner Investment Growth Services (100mcxtips.com). 100McxTips is a Market Leader MCX Commodity Advisory, which has a strong hold in offering trusted MCX Tips and accurate as well as Commodity Market Tips. For more mcx, commodity market news by 100McxTips, follow us on Twitter @100mcxtips and on Facebook at facebook.com/100mcxtips.

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