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Gold futures up 0.11% on global cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:13 PM IST

Gold prices rose by Rs 26 to Rs 22,887 per 10 gram in futures trade today after speculators created fresh positions, driven by a firming global trend.

At the Multi Commodity Exchange, gold futures for delivery in October surged Rs 26, or 0.11%, to Rs 22,887 per 10 grams, with a business turnover of just two lots.

August gold gained Rs 23, or 0.10%, to Rs 22,612 per 10 grams, with a trade volume of three lots.

Market analysts said firming trend in global market mainly led to the rise in gold prices at futures trade here.

Meanwhile, gold moved up by $6.70 to $1,544.30 an ounce in New York.

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First Published: Jun 10 2011 | 12:56 PM IST

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