Gold futures gain 0.3% on global cues

Speculators indulged in creating fresh positions amid a firm global trend

Press Trust of India New Delhi
Last Updated : Feb 04 2015 | 11:28 AM IST
Gold prices rose by Rs 0.26 to Rs 27,359 per 10 gram in futures trade today as speculators indulged in creating fresh positions amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs 71, or 0.26%, to Rs 27,359 per 10 grams in a business turnover of 848 lots.

Likewise, the metal for delivery in February edged up by Rs 2, or 0.01%, to Rs 27,500 per 10 grams in just two lots.

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Analysts said the rise in gold prices at futures trade was mostly in line with a firm global trend.

Meanwhile, gold rose 0.24% to $1,263.10 an ounce in Singapore.

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First Published: Feb 04 2015 | 11:15 AM IST

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