 "Gold futures up 0.7% on global cues")
Tracking a firm global trend, gold prices rose by Rs 213 to Rs 28,410 per 10 grams in futures trade today as speculators enlarged their positions.
Sentiment bolstered after gold surged to over 2-week high in overseas markets on speculation that demand will increase in Asia, the largest consuming region, traders said.
At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 213, or 0.76% to Rs 28,410 per 10 grams in business turnover of 122 lots.
Globally, gold climbed one% to $1,237.03 an, the highest level since December 18, in Singapore.
Sentiment bolstered after gold surged to over 2-week high in overseas markets on speculation that demand will increase in Asia, the largest consuming region, traders said.
At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 213, or 0.76% to Rs 28,410 per 10 grams in business turnover of 122 lots.
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In a similar fashion, the yellow metal for delivery in February moved up by Rs 162, or 0.56% to Rs 29,130 per 10 grams in 1,529 lots.
Globally, gold climbed one% to $1,237.03 an, the highest level since December 18, in Singapore.
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