NEW DELHI: The value of Gold closed at Rs 29,258 at the bullion market today. Thus, showing a dip in its value as compared to its opening value. READ MORE...
Gold prices inched higher by 63 points or 0.21 per cent to Rs 29,554 per 10 grams in futures trade today as investors raised their bets amid a firm global trend.
At the Multi Commodity Exchange (MCX), gold for expiry in December rose by 63 points or 0.21 per cent to Rs 29,554 per 10 grams whereas the metal for expiry in the far month of February edged higher by 26 points or 0.09 per cent to Rs 29,684 per 10 gram during early trading hours.
As per the market experts, the rise in gold prices in futures trade was largely supported by a better trend in overseas market.
Internationally, the metal was trading 0.05 per cent higher at USD 1,275.60 an ounce in Singapore.