Gold futures up 0.8% on global cues
Gold for delivery in October traded higher by 0.46%
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Gold prices rose by 0.82% to Rs 27,858 per ten grams in futures trade today as speculators created fresh positions, taking positive cues from overseas markets.
At the Multi Commodity Exchange, gold for delivery in August rose by Rs 227, or 0.82% to Rs 27,858 per ten grams in business turnover of 10901 lots.
Similarly, gold for delivery in October traded higher by Rs 127, or 0.46% to Rs 27,627 per ten grams in 4349 lots.
Market analysts said fresh positions created by speculators supported by a firm global trend mainly led to rise in gold prices at futures trade.
Meanwhile, gold rose by 1.50, or 0.11% to $1,535.30 an ounce in London.
At the Multi Commodity Exchange, gold for delivery in August rose by Rs 227, or 0.82% to Rs 27,858 per ten grams in business turnover of 10901 lots.
Similarly, gold for delivery in October traded higher by Rs 127, or 0.46% to Rs 27,627 per ten grams in 4349 lots.
Market analysts said fresh positions created by speculators supported by a firm global trend mainly led to rise in gold prices at futures trade.
Meanwhile, gold rose by 1.50, or 0.11% to $1,535.30 an ounce in London.
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First Published: Jul 29 2013 | 5:01 PM IST