Gold futures up 0.3% on firm global cues

Speculators enlarged their positions amid a firming trend overseas

Gold futures up 0.3% on firm global cues
Press Trust of India New Delhi
Last Updated : Jan 06 2016 | 10:56 AM IST
Gold prices rose by Rs 65 to Rs 25,453 per 10 gram in futures trading today as speculators enlarged their positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 65, or 0.26%, to Rs 25,453 per 10 gram, in a business turnover of 275 lots.

Similarly, the yellow metal for delivery in far-month April traded higher by Rs 55, or 0.22%, to Rs 25,588 per 10 gram in 13 lots.

Analysts said a firming trend in the global markets where gold rose to $1,077.23 an ounce in Singapore as investors eyed Federal Reserve minutes to be released on Wednesday, influenced gold futures here.

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First Published: Jan 06 2016 | 10:42 AM IST

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