Gold futures up by 0.2% on firm global cues
Speculators enlarged positions amid a firming trend overseas
 "Gold futures up by 0.2% on firm global cues")
Gold prices rose by Rs 45 to Rs 27,363 per 10 grams in futures trading today as speculators enlarged positions amid a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month February next year rose Rs 45, or 0.16%, to Rs 27,318 per 10 grams in a business turnover of 16 lots.
Similarly, the yellow metal for delivery in December was trading higher by Rs 40, or 0.15%, to Rs 27,152 per 10 grams in 930 lots.
Analysts said a firming trend in the global markets as investors awaited next week's meeting of Federal Reserve policy makers for clues on the timing of a US rate increase amid speculation that a rise may be likely only in 2016, supported the upside in gold prices at futures trade here.
In Singapore, gold advanced 0.3% to $1,179.35 an ounce.
At the Multi Commodity Exchange, gold for delivery in far-month February next year rose Rs 45, or 0.16%, to Rs 27,318 per 10 grams in a business turnover of 16 lots.
Similarly, the yellow metal for delivery in December was trading higher by Rs 40, or 0.15%, to Rs 27,152 per 10 grams in 930 lots.
Analysts said a firming trend in the global markets as investors awaited next week's meeting of Federal Reserve policy makers for clues on the timing of a US rate increase amid speculation that a rise may be likely only in 2016, supported the upside in gold prices at futures trade here.
In Singapore, gold advanced 0.3% to $1,179.35 an ounce.
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First Published: Oct 21 2015 | 11:48 AM IST