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Markets » Commodities » Precious Metals
Press Trust of India  |  New Delhi  December 20, 2012 Last Updated at 14:51 IST

Gold futures up 0.32% on global cues

Speculators created fresh positions pushing prices up to Rs 30,917 per ten grams

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Tracking a firm global trend, gold prices rose by 0.32% to Rs 30,917 per ten grams in futures trade today as speculators created fresh positions.

At the Multi Commodity Exchange, gold for delivery in February rose Rs 98, or 0.32%, to Rs 30,917 per ten grams in business turnover of 8,146 lots.

April gold moved up by Rs 101, or 0.32%, to Rs 31,330 per ten grams in 244 lots.

Market analysts attributed the rise in gold futures to a firm global trend.

Meanwhile, gold climbed 0.2% to 1,670.04 dollar an ounce in London.

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Gold futures trade higher on global cues

Gold prices rose marginally by 0.15% to Rs 31,226 per 10 grams in futures trade today as speculators created fresh positions.

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