Marketmen attributed the recovery in gold prices to the building up of fresh positions by speculators on the back of a firming trend in overseas market.
New Delhi: Gold prices were appreciated by Rs 300 to Rs 30,866 per 10 gram in futures trade on Thursday.
Marketmen attributed the recovery in gold prices to the building up of fresh positions by speculators on the back of a firming trend in overseas market.
At the Multi Commodity Exchange, gold for delivery in February traded higher in a business turnover of 14,009 lots.
The gold for delivery in far-month April rose by Rs 197, or 0.62 per cent, to Rs 31,926 per 10 gram in 3,748 lots.
Globally, gold was trading 0.71 per cent higher at USD 1,290.15 an ounce in Singapore.
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