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Gold futures marginally up on global cues
Highlights
Gold Futures Marginally Up On Global Cues. Gold futures traded a shade higher at Rs 26,565 per 10 grams on March 5 as speculators created fresh positions taking positive cues from the global market.
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New Delhi: Gold futures traded a shade higher at Rs 26,565 per 10 grams on March 5 as speculators created fresh positions taking positive cues from the global market. At Multi Commodity Exchange, gold for delivery in April was up by Rs 18, or 0.07 per cent, to Rs 26,565 per 10 gram in business turnover of 241 lots.
Analysts said fresh positions created by participants following a better trend in global market as investors assessed the outlook for interest rates before the US reports employment data, influenced gold prices at futures trade here. Meanwhile, gold rose as much as 0.4 per cent to USD 1,204.97 an ounce in Singapore on March 4.
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