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Gold futures up on global cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 7:32 PM IST

Tracking a firm global trend, gold futures prices rose by Rs 71 to Rs 20,835 per 10 grams in futures trade today on fresh buying by speculators. 

At the Multi Commodity Exchange counter, gold for delivery in June rose by Rs 71, or 0.34 per cent, to Rs 20,835 per 10 grams, with an open interest of just one lot.

Similarly, the metal for delivery in February moved up by Rs 62, or 0.30 per cent, to Rs 20,435 per 10 grams, with a business turnover of five lots.

Market analysts said fresh buying by speculators in tandem with firming global trend led to rise in gold futures prices.

Meanwhile, gold climbed 0.5 per cent to $1,376.20 an ounce in Seoul.

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First Published: Jan 10 2011 | 3:57 PM IST

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