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Gold futures up on firm global cues

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:13 AM IST

Gold prices rose Rs 25 or 0.13 per cent to Rs 18,668 per ten gram in futures trading today on emergence of buying amid firming global trend.

At the Multi Commodity Exchange, gold for October-month contract rose Rs 25, or 0.13 per cent to Rs 18,668 per ten gram, with an open interest of 1,626 lots.

Similarly, the metal for delivery in August contract gained Rs 22, or 0.12 per cent to Rs 18,583 per ten gram, with a business turnover of 19,004 lots.

Marketmen said fresh buying by traders in tandem with a firming global trend mainly led to a rise in gold prices at futures trade.

Meanwhile, gold traded higher by 0.07 per cent to USD 1,222.20 an ounce in the Asian region.

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First Published: Jun 15 2010 | 1:57 PM IST

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