 "Gold futures recover 0.2%")
Gold prices recovered by 0.21% to Rs 30,376 per 10 grams in futures trade as speculators created fresh positions even as metal weakened overseas.
At the Multi Commodity Exchange, gold for delivery in December rose Rs 63, or 0.21%, to Rs 30,376 per 10 gram in a business turnover of 154 lots.
The metal for delivery in the February moved up by Rs 51, or 0.17%, to Rs 29,731 per 10 gm in a turnover of 19 lots.
Meanwhile, gold traded a shade lower at $1,274.83 an ounce in Singapore from $1,275.65 yesterday.
At the Multi Commodity Exchange, gold for delivery in December rose Rs 63, or 0.21%, to Rs 30,376 per 10 gram in a business turnover of 154 lots.
The metal for delivery in the February moved up by Rs 51, or 0.17%, to Rs 29,731 per 10 gm in a turnover of 19 lots.
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Analysts said fresh positions created by participants amid covering-up of short positions by speculator, helped gold futures to trade higher but a weak trend overseas, limited the gains.
Meanwhile, gold traded a shade lower at $1,274.83 an ounce in Singapore from $1,275.65 yesterday.