Gold Glitters On Akshaya Tritiya

Gold futures were trading higher during afternoon trade in the domestic market on Friday as investors and speculators extended their positions in the precious metal tracking a better trend at the spot markets on token by retailers on the auspicious occasion of Akshaya Tritiya.

Gold futures rise was mostly supported by token purchases by retailers at spot markets mainly on account of Akshaya Tritiya, considered to be most auspicious day for buying gold and silver.

At the MCX, gold futures for June 2017 contract is trading at Rs 28808 per 10 grams, up by 0.14 per cent, after opening at Rs 28813, against a previous close of Rs 28769. It touched the intra-day high of Rs 28834.
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Suhani Verma

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