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Gold futures gain by 0.7% on global cues

Speculators created positions amid positive cues from the global market

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Press Trust of India New Delhi
Gold prices rose by Rs 171 to Rs 25,865 per 10 grams in futures trade today as speculators created positions amid positive cues from the global market.

At the Multi Commodity Exchange, gold for delivery in far-month February next year moved up by Rs 171, or 0.66%, to Rs 25,865 per 10 grams in a business turnover of 1,506 lots.

The metal for delivery in December was trading higher by Rs 160, or 0.63%, to Rs 25,683 per 10 grams in a turnover of 46 lots.

Analysts said a firming trend in global market, mainly influenced the precious metal here in futures trade.
 

Meanwhile, gold rose as much as 0.4% to $1,093.67 an ounce in Singapore.

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First Published: Nov 09 2015 | 12:07 PM IST

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