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Gold futures rise 0.37% on positive global cues

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Press Trust of India New Delhi
Gold prices rose 0.37 per cent to Rs 26,257 per ten grams in futures trade today as participants widened positions, taking positive cues from the overseas markets.

At the Multi Commodity Exchange, gold for delivery in far-month December rose by Rs 96, or 0.37 per cent to Rs 26,257 per ten gram in business turnover of 156 lots.

In a similar fashion, the yellow metal for delivery in October contracts moved up by Rs 83, or 0.32 per cent to Rs 26,063 per ten gram in 5,268 lots.

Analysts said speculative positions built up by speculators in tandem with a firm global trend mainly led to rise in gold prices at futures trade here.
 

Meanwhile, gold added 0.3 per cent to USD 1,108.59 an ounce in London.

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First Published: Sep 16 2015 | 5:48 PM IST

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