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Gold prices edged up marginally by 0.08% to Rs 28,604 per 10 grams in futures trading today as speculators enlarged positions, tracking a firming global trend.
At the Multi Commodity Exchange, gold for delivery in far-month December edged up by Rs 24, or 0.08% to Rs 28,604 per ten gram in business turnover of 155 lots.
Likewise, the yellow metal for delivery in October traded higher by Rs 17, or 0.06% to Rs 28,650 per ten gram in 3,629 lots.
Analysts attributed the rise in gold futures to a firming global trend as tensions flared over Ukraine, increasing demand for a safe-haven.
Meanwhile in Singapore,rose 0.2% to USD 1,308.13 an ounce.
