NEW DELHI: Gold reported gains in futures trading on Wednesday on emergence of buying by traders amid reports of firming global trend and further
fuelled by weaker rupee.
The precious metal for April dropped 1.20 per cent at Rs 13,303 on the Multi Commodity Exchange, trading two lots.
Gold for February contract gained 0.53 per cent at Rs 13,250 per ten gram in trading of 69 lots and December contract skid 0.67 per cent at Rs 13,166 in a trading volume of 2,455 lots.
Trading sentiment turned weak following a steep fall in gold prices in the overseas markets, where it traded down at 840 dollar last evening.
The dollar-priced precious metals became costlier as the Indian rupee depreciated against the US currency.
Silver for December contract rose 0.09 per cent at Rs 18,786 per kg in trading of 1,340 lots and March contract ascended 0.04 per cent at Rs 19,239 per kg, trading 36 lots.
