Gold futures go up 0.19% on global pointers

Tracking a firm trend overseas, gold prices advanced by 0.19 per cent to Rs 28,546 per 10 grams in futures trading today as speculators built more bets.

At the Multi Commodity Exchange, gold for delivery in February rose Rs 53, or 0.19 per cent, to Rs 28,546 per 10 grams in a business turnover of 337 lots.

On similar lines, the yellow metal for delivery in April was trading higher by Rs 54, or 0.19 per cent, to Rs 28,545 per 10 grams in 13 lots.

Analysts said this is in line with a firm trend overseas, where gold hovered near a 2-week high amid a steady dollar and weaker stocks.
 

Globally, gold rose 0.16 per cent to USD 1,267.10 an ounce in Singapore.