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Gold futures rises 0.17% on global cues

Fresh position by speculators supported the trade

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Press Trust of India New Delhi
Last Updated : Jan 28 2013 | 2:33 PM IST

Gold futures for February rose by Rs 53, or 0.17% to Rs 30,384 per ten grams in 5861 lots.

At the Multi Commodity Exchange, the April contract traded higher by Rs 48, or 0.16% to Rs 30,941 per ten grams in 1,803 lots.

Fresh position by speculators supported the trade.

Data that showed central banks in Russia and Kazakhstan increased holdings helped the gold trade globally.

In Singapore, gold climbed 0.2% to $1,661.45 an ounce.

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First Published: Jan 28 2013 | 2:33 PM IST

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