Gold futures rise 0.08% on global cues
Speculators enlarge bets on back of firming global trend
 "Gold futures rise 0.08% on global cues")
Gold rose Rs 21 to Rs 27,097 per 10 grams in futures trading today as speculators widened bets, tracking a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month February next year edged higher by Rs 21, or 0.08%, to Rs 27,097 per 10 grams, in a business turnover of three lots.
Similarly, the metal for delivery in December was also trading higher by Rs 20, or 0.07%, to Rs 26,865 per 10 grams in 175 lots.
Globally, gold increased as much as 0.3% to $1,169.40 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in far-month February next year edged higher by Rs 21, or 0.08%, to Rs 27,097 per 10 grams, in a business turnover of three lots.
Similarly, the metal for delivery in December was also trading higher by Rs 20, or 0.07%, to Rs 26,865 per 10 grams in 175 lots.
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Market analysts said speculators enlarged their bets on the back of a firming global trend as investors eyed the upcoming Fed meeting for clues on timing of a US interest rate hike.
Globally, gold increased as much as 0.3% to $1,169.40 an ounce in Singapore.