Gold futures up by 0.1% on global cues
Speculators enlarged their positions on the back of a firming global trend, supporting the upside in gold prices in futures trade
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Gold rose by Rs 35 to Rs 26,849 per 10 grams in futures trading today as speculators enlarged positions.
At the Multi Commodity Exchange, gold for delivery in December rose by Rs 35 or 0.13% to Rs 26,849 per 10 grams in a business turnover of 13 lots.
Similarly, the yellow metal for delivery in October moved up by Rs 33 or 0.12% to Rs 26,656 per 10 grams in 744 lots.
Market analysts said speculators enlarged their positions on the back of a firming global trend, supporting the upside in gold prices in futures trade.
Globally, gold traded higher at $1,134.33 an ounce in Singapore from $1,133.55 on Friday.
At the Multi Commodity Exchange, gold for delivery in December rose by Rs 35 or 0.13% to Rs 26,849 per 10 grams in a business turnover of 13 lots.
Similarly, the yellow metal for delivery in October moved up by Rs 33 or 0.12% to Rs 26,656 per 10 grams in 744 lots.
Market analysts said speculators enlarged their positions on the back of a firming global trend, supporting the upside in gold prices in futures trade.
Globally, gold traded higher at $1,134.33 an ounce in Singapore from $1,133.55 on Friday.
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First Published: Aug 31 2015 | 11:57 AM IST