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Positive global cues lift gold futures by 0.33%

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Press Trust of India New Delhi

Tracking a firm global trend, gold prices went up by 0.33 per cent to Rs 30,277 per 10 grams in futures trade today as speculators built up fresh positions.

At the Multi Commodity Exchange, gold for delivery in October rose by Rs 99, or 0.33 per cent to Rs 30,277 per ten grams in business turnover of 256 lots.

Similarly, the yellow metal for delivery in December was up by Rs 76, or 0.25 per cent to Rs 30,485 per ten grams in 2 lot.

Market analysts said fresh positions created by traders in sync with a firming global trend, mainly attributed the rise in gold prices at futures trade.

 

Globally, gold rose 0.07 per cent to USD 1,191.90 an ounce in Singapore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Sep 05 2018 | 11:40 AM IST

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