Gold futures up by 0.2% on short-covering
Speculators covered-up positions even as the metal eased in the global market
 "Gold futures up by 0.2% on short-covering")
Gold futures were up by Rs 50 to Rs 25,920 per 10 gram as speculators covered-up positions even as the metal eased in the global market.
At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 50 or 0.19% to Rs 25,920 per 10 gram in a business turnover of 546 lots.
The metal for delivery in far-month April contract rose Rs 22 or 0.08% at Rs 26,004 per 10 gram in a turnover of four lots.
Meanwhile, gold was trading at $1,096.16 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 50 or 0.19% to Rs 25,920 per 10 gram in a business turnover of 546 lots.
The metal for delivery in far-month April contract rose Rs 22 or 0.08% at Rs 26,004 per 10 gram in a turnover of four lots.
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Analysts attributed the rise in gold prices to covering-up of positions by speculators but weakness in the precious metal overseas, capped the gains.
Meanwhile, gold was trading at $1,096.16 an ounce in Singapore.