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Gold futures gain 0.10 pc on global cues

Press Trust of India  |  New Delhi 

Gold prices edged up by 0.10 per cent to Rs 31,032 per 10 grams in futures trading today as speculators built up fresh positions tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in June went up by Rs 30, or 0.10 per cent, to Rs 31,032 per ten grams in a business turnover of 169 lots.

Likewise, the for delivery in August rose by Rs 26, or 0.08 per cent, to Rs 31,213 per ten grams in 5 lots.

Analysts said, fresh positions created by participants in tandem with a firm trend in the global markets where gold edged up after posting its biggest percentage fall in over two weeks in the previous session, amid tensions over and a US-trade stand-off, attributed to the rise.

Globally, gold rose 0.44 per cent to USD 1,340.20 an ounce in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 10:40 IST