Gold futures up 0.27% on global cues

A firming trend in Asian region triggered the uptrend

Gold futures for February rose by Rs 82, or 0.27%, to Rs 30,989 per 10 gm in 2,447 lots at the Multi Commodity Exchange today.

The April contract moved up by Rs 79, or 0.24%, to Rs 31,556 per 10 gm in 174 lots.

Good demand in spot markets and a firming trend in Asian region influenced gold futures.

In Singapore, gold rose by 0.40% to % 1,661.70 an ounce in early trade today.