Gold futures up Rs 154 as participants create position

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New Delhi: Gold prices rose by Rs 154 to Rs 32,154 per 10 gram in futures trading Wednesday as speculators widened their bets, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 154, or 0.48 per cent, at Rs 32,154 per 10 gram in a business turnover of 9,276 lots.
Similarly, the June contracts of the precious metal was trading up Rs 171, or 0.53 per cent, at Rs 32,432 per 10 gram with a business volume of 9,970 lots. Analysts said raising of bets by participants, taking positive cues from global market as weakness in dollar raised demand for the precious metal as a safe-haven, mainly pushed up the gold prices at futures trade here. (PTI)

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