Gold futures up by Rs 84 on firm global cues

Metal strengthens in global market as rally in dollar pauses, influencing gold futures here

Gold prices rose Rs 84 to Rs 25,323 per 10 grams in futures trade today as speculators widened positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in far-month February was trading higher by Rs 84, or 0.33 per cent, to Rs 25,323 per 10 grams in a business turnover of 610 lots.

Marketmen said a firming trend in the global markets where gold strengthened as rally in the dollar paused, raising demand for the precious metal, influenced gold futures here.

Globally, gold traded 0.29 cents higher at $1,069.58 an ounce in Singapore today.