Gold futures climb on firm global cues
peculators enlarged their positions tracking a firm global trend
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Gold prices climbed by Rs 280 to Rs 26,668 per ten grams in futures trading today as speculators enlarged their positions tracking a firm global trend.
At the Multi Commodity Exchange, the June contract climbed by Rs 280, or 1.06% to Rs 26,668 per ten grams in business turnover of 4964 lots.
The August contract moved up by Rs 266, or 0.99 per cent to Rs 27056 per ten grams in 156 lots.
Market analysts attributed the rise in gold futures to a firm global trend.
Meanwhile, gold rose 1.1% to $1,447.25 an ounce in Singapore.
At the Multi Commodity Exchange, the June contract climbed by Rs 280, or 1.06% to Rs 26,668 per ten grams in business turnover of 4964 lots.
The August contract moved up by Rs 266, or 0.99 per cent to Rs 27056 per ten grams in 156 lots.
Market analysts attributed the rise in gold futures to a firm global trend.
Meanwhile, gold rose 1.1% to $1,447.25 an ounce in Singapore.
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First Published: Apr 25 2013 | 12:48 PM IST