Gold futures rise 0.48% on global cues

Metal for delivery in April was up by Rs 108, or 0.41 per cent, to Rs 26,306 per ten grams, with a trade volume of 6,200 lots

<a href="http://www.shutterstock.com/pic-76071352/stock-photo-gold-jewelry-background-soft-selective-focus.html" target="_blank">Image</a> via Shutterstock
Press Trust of India New Delhi
Last Updated : Mar 24 2015 | 7:14 PM IST
Gold prices rose by 0.48 per cent to Rs 26,470 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 June moved up by Rs 127, or 0.48 per cent, to Rs 26,470 per 10 grams, with a business turnover of 564 lots.

The metal for delivery in April was up by Rs 108, or 0.41 per cent, to Rs 26,306 per ten grams, with a trade volume of 6,200 lots.

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Marketmen said fresh positions built up by speculators, after the precious metal in global market reached a two-week high influenced gold futures here.

Globally, gold in London added 0.4 per cent to USD 1,194.06 an ounce.
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First Published: Mar 24 2015 | 6:03 PM IST

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