Friday 16 November 2018



NEW DELHI: Gold prices rose by Rs 54 to Rs 30,875 per 10 grams in futures trade Friday as speculators raised their bets, taking positive cues from global marketNSE 0.00 %. At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 54, or 0.18 per cent, to Rs 30,875 per 10 grams in a business turnover of 198 lots.

Marketmen said the rise in gold prices at futures trade was mostly attributed to a firming trend overseas where it hit a near one-week peak as investors sought cover from market turmoil after Britain's long-awaited draft agreement to leave the European Union was thrown into chaos.

Globally, the gold was trading 0.15 per cent higher at USD 1,215.80 an ounce in Singapore.

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