Gold futures rise Rs 102 on global cues

At the Multi Commodity Exchange, gold for delivery in August rose by 0.38%

Press Trust of India New Delhi
Last Updated : Jun 08 2015 | 12:06 PM IST
Gold prices rose by Rs 102 to Rs 26,823 per 10 grams in futures trading today as speculators enlarged positions.

At the Multi Commodity Exchange, gold for delivery in August rose by Rs 102 or 0.38% to Rs 26,823 per 10 grams in a business turnover of 267 lots.

ALSO READ: Gold hits one-month low on weak global cues, low demand

Similarly, the yellow metal for delivery in far-month October moved up by Rs 91 or 0.35% to Rs 27,018 per 10 grams in three lots.

Market analysts said speculators enlarged their positions on the back of a firming global trend, supported the upside in gold prices at futures trade.

Meanwhile, gold traded higher at $1,174.35 an ounce in Singapore from $1,171.94 on Friday.
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First Published: Jun 08 2015 | 11:48 AM IST

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