Gold futures gain 0.3% on global cues
Speculators indulged in creating fresh positions amid a firm global trend
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Gold prices rose by Rs 0.26 to Rs 27,359 per 10 gram in futures trade today as speculators indulged in creating fresh positions amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 71, or 0.26%, to Rs 27,359 per 10 grams in a business turnover of 848 lots.
Likewise, the metal for delivery in February edged up by Rs 2, or 0.01%, to Rs 27,500 per 10 grams in just two lots.
Analysts said the rise in gold prices at futures trade was mostly in line with a firm global trend.
Meanwhile, gold rose 0.24% to $1,263.10 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 71, or 0.26%, to Rs 27,359 per 10 grams in a business turnover of 848 lots.
Likewise, the metal for delivery in February edged up by Rs 2, or 0.01%, to Rs 27,500 per 10 grams in just two lots.
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Analysts said the rise in gold prices at futures trade was mostly in line with a firm global trend.
Meanwhile, gold rose 0.24% to $1,263.10 an ounce in Singapore.
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First Published: Feb 04 2015 | 11:15 AM IST
