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Gold futures up on strong global cues

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 6:57 AM IST

Gold prices gained Rs 24 to Rs 20,820 per ten grams in futures trade today as speculators indulged in creating fresh positions on the back of a firm global trend.

At the Multi Commodity Exchange, gold for April month gained Rs 24, or 0.12 per cent to Rs 20,820 per ten grams in a business turnover of two lots.

Similarly, the metal for delivery in February month edged up by Rs 22, or 0.11 per cent to Rs 20,637 per ten grams in a business volume of 2 lots.

Analysts said fresh buying by speculators in tandem with a firm global trend mainly led to the rise in gold prices in futures trade.

Meanwhile, gold gained 0.2 per cent to $1,390.45 an ounce in the Asian region.

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First Published: Dec 10 2010 | 4:55 PM IST

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