Gold futures rise by 0.3% on global cues
Speculators created fresh positions, taking positive cues from global markets
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Gold prices rose by 0.29% to Rs 26,842 per 10 grams in futures trade today as speculators created fresh positions, taking positive cues from global markets.
At Multi Commodity Exchange, gold for delivery in October month moved up by Rs 78, or 0.29% to Rs 26,842 per ten grams in business turnover of 1 lot.
Similarly, the yellow metal for delivery in August contract traded higher by Rs 71, or 0.27% to Rs 26,604 per ten grams in 110 lots.
Analysts attributed the rise in gold prices to a firm global trend.
Meanwhile, gold increased 0.2% to $1,177.39 an ounce in Singapore.
At Multi Commodity Exchange, gold for delivery in October month moved up by Rs 78, or 0.29% to Rs 26,842 per ten grams in business turnover of 1 lot.
Similarly, the yellow metal for delivery in August contract traded higher by Rs 71, or 0.27% to Rs 26,604 per ten grams in 110 lots.
Analysts attributed the rise in gold prices to a firm global trend.
Meanwhile, gold increased 0.2% to $1,177.39 an ounce in Singapore.
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First Published: Jun 25 2015 | 10:42 AM IST