Today in Mcx Market Gold prices rose 0.45 per cent to Rs 26,434 per 10 grams in futures trade as speculators created fresh positions after the precious metal climbed in global markets. At the Multi Commodity Exchange, gold for delivery in June was up by Rs 119, or 0.45 per cent, to Rs 26,434 per 10 grams in a business turnover of four lots.
The metal for delivery in April moved up by Rs 99, or 0.38 per cent, to Rs 26,222 per 10 grams in a turnover of 325 lots. Meanwhile, gold rose by 0.4 per cent to $1,209.79 an ounce in Singapore.Gold prices were little changed on Friday, as markets eyed the release of U.S. fourth quarter economic growth data later in the day, after a batch of disappointing reports on Thursday dampened optimism over the country's recovery.
Crude Oil finished the month of February above $49 a barrel, marking the first monthly gain since last June when oil prices began a prolonged slide. On the New York Mercantile Exchange, WTI crude oil for April delivery rose 2.65% or 1.27 points to $49.45 a barrel. The sharp increased continued the trend of volatile price fluctuations, as prices have wavered dramatically over the last several weeks.