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Gold futures up 0.1% on global cues

Market analysts said a firming trend in the global market influenced gold futures

Press Trust of India New Delhi
Gold futures prices today rose by 0.19% to Rs 29,117 per 10 grams as speculators enlarged their positions, driven by a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in February next year rose Rs 55, or 0.19%, to Rs 29,117 per 10 gm in business turnover of 1,895 lots.

The metal for delivery in the December moved up by Rs 29, or 0.10%, to Rs 30,368 per 10 gm in a turnover of 15 lots.

Market analysts said a firming trend in the global market mainly influenced gold futures here.

Meanwhile, gold rose by 0.41% to $1,224.30 an ounce in New York in yesterday's trade.
 

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First Published: Dec 04 2013 | 12:45 PM IST

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