 "Gold futures up 0.5% on firm global cues")
Gold futures prices today rose by 0.48% to Rs 27,771 per 10 grams as speculators enlarged positions after the metal gained in the global market.
At the Multi Commodity Exchange, metal prices for delivery in far-month October gained Rs 134, or 0.48%, to trade higher at Rs 27,771 per 10 gram in a turnover of 43 lots.
August gold edged up by Rs 114, or 0.41%, to Rs 27,790 per 10 gram, clocking a business volume of 672 lots.
Globally, gold rose to $1,301.86 an ounce in Singapore from $1,299.21 yesterday.
At the Multi Commodity Exchange, metal prices for delivery in far-month October gained Rs 134, or 0.48%, to trade higher at Rs 27,771 per 10 gram in a turnover of 43 lots.
August gold edged up by Rs 114, or 0.41%, to Rs 27,790 per 10 gram, clocking a business volume of 672 lots.
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Analysts attributed gains in the precious metal at futures trade to a firming trend in the overseas markets amid signs of increased demand in China and India, the world's two largest consumers.
Globally, gold rose to $1,301.86 an ounce in Singapore from $1,299.21 yesterday.