Gold Futures Up Rs 154 As Participants Create Position

Gold prices rose by Rs 154 to Rs 32,154 per 10 gram in futures trading on March 13 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 percent, 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 percent, at Rs 32,432 per 10 gram with a business volume of 9,970 lots.

Globally, gold rose 0.66 percent to trade at $1,304.89 an ounce in Singapore.

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