 "Gold futures up 0.4% on global cues")
Gold prices moved up by Rs 104, or 0.38%, to Rs 27,262 per 10 gm in futures trade as speculators engaged in building up positions taking positive cues from the global market amid firm spot demand.
At the Multi Commodity Exchange (MCX), the June contract went up by Rs 104, or 0.38%, to Rs 27,262 per 10 gm in 2,994 lots.
The August contracts moved up by Rs 71, or 0.26%, to Rs 27,474 per 10 gm in 1,629 lots.
Meanwhile, gold rose by 0.60% to $1,422.10 an ounce in Singapore.
At the Multi Commodity Exchange (MCX), the June contract went up by Rs 104, or 0.38%, to Rs 27,262 per 10 gm in 2,994 lots.
The August contracts moved up by Rs 71, or 0.26%, to Rs 27,474 per 10 gm in 1,629 lots.
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Analysts said a firming trend in global market, where gold climbed a two-week high on speculation that the US Federal Reserve will maintain record stimulus to bolster growth, influenced gold prices at futures trade here.
Meanwhile, gold rose by 0.60% to $1,422.10 an ounce in Singapore.