Gold rises by 0.3% on global cues
Speculators created fresh positions amid positive cues from overseas markets
 "Gold rises by 0.3% on global cues")
Gold prices rose by 0.27% to Rs 26,750 per 10 grams in futures trade today as speculators created fresh positions amid positive cues from overseas markets.
At the Multi Commodity Exchange, gold for delivery in far-month August moved up by Rs 72, or 0.27%, to Rs 26,750 per 10 grams, with a business turnover of two lots.
The metal for delivery in June rose by Rs 67, or 0.25%, to trade at Rs 26,588 per 10 grams, with a trade volume of 544 lots.
Globally, gold in Singapore added 0.20% to $1,195.90 an ounce.
At the Multi Commodity Exchange, gold for delivery in far-month August moved up by Rs 72, or 0.27%, to Rs 26,750 per 10 grams, with a business turnover of two lots.
The metal for delivery in June rose by Rs 67, or 0.25%, to trade at Rs 26,588 per 10 grams, with a trade volume of 544 lots.
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Marketmen said increased positions built-up by speculators after the precious metal recovered in global markets, influenced gold futures here.
Globally, gold in Singapore added 0.20% to $1,195.90 an ounce.