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Gold futures rise marginally on global cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 8:04 PM IST

Gold prices rose marginally by 0.14% to Rs 21,385 per 10 gram in futures trade today, tracking a firming trend in global markets.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.14%, to Rs 21,385 per 10 gram, with a turnover of 17 lots.

Likewise, futures contracts for April delivery of the yellow metal moved up by Rs 39, or 0.13%, to Rs 21,086 per 10 gram, with a business turnover of 666 lots.

Market analysts said a firming trend overseas following political tensions in the Middle East and North Africa and the return of concerns over European debt woes mainly influenced precious metal prices in futures trade here.

Meanwhile, gold rose by 0.09% to $1,430.20 an ounce in Asian trade today.

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First Published: Mar 10 2011 | 12:11 PM IST

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