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Gold futures prices today rose by 0.22% to Rs 29,549 per 10 gram as speculators enlarged positions, largely in tandem with a firming trend overseas.
At the Multi Commodity Exchange, metal prices for delivery in December gained Rs 63, or 0.22%, to trade higher at Rs 29,549 per 10 gram in a turnover of 1,349 lots.
Similarly, the metal prices for delivery in February edged up by Rs 22, or 0.05%, to Rs 29,230 per 10 gram, clocking a business volume of 9 lots.
Analysts attributed gains in the precious metal at futures trade to a firm trend in overseas markets, besides rising demand in the domestic markets for the ongoing festive and marriage season.
Gold rose by 0.17% to $1,324.70 an ounce in Singapore today.
