 "Gold up 0.9% on global cues")
Gold prices rose by 0.86% to Rs 26,812 per 10 grams in futures trade today as speculators created fresh positions, taking positive cues from the global market.
At the Multi Commodity Exchange, gold for delivery in February moved up by Rs 228, or 0.86%, to Rs 26,812 per 10 grams in a business turnover of 1,043 lots.
The metal for delivery in far-month April was trading higher by Rs 224, or 0.83%, to Rs 27,054 per 10 grams in a turnover of one lot.
Meanwhile, gold rose as much as 1% to $1,185.09 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in February moved up by Rs 228, or 0.86%, to Rs 26,812 per 10 grams in a business turnover of 1,043 lots.
The metal for delivery in far-month April was trading higher by Rs 224, or 0.83%, to Rs 27,054 per 10 grams in a turnover of one lot.
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Analysts said a firming trend in global market where gold advanced as prices neared the lowest level in three weeks encouraged purchases and influenced the precious metal here in futures trade.
Meanwhile, gold rose as much as 1% to $1,185.09 an ounce in Singapore.
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