 "Gold up 0.2% on firm global cues")
Taking positive cues from global markets, gold futures prices today rose further by 0.24% to Rs 30,126 per 10 grams as speculators enlarged positions.
At the Multi Commodity Exchange, metal for delivery in far-month June gained Rs 71, or 0.24%, to trade higher at Rs 30,126 per 10 gm in a turnover of 14 lots.
On the similar lines, the metal for delivery in April edged higher by Rs 61, or 0.20%, to Rs 30,610 per 10 gram, clocking a business volume of 254 lots.
Globally, gold rose 0.5% to $1,376.64 an ounce in Singapore today, the highest level since September 10.
At the Multi Commodity Exchange, metal for delivery in far-month June gained Rs 71, or 0.24%, to trade higher at Rs 30,126 per 10 gm in a turnover of 14 lots.
On the similar lines, the metal for delivery in April edged higher by Rs 61, or 0.20%, to Rs 30,610 per 10 gram, clocking a business volume of 254 lots.
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Analysts attributed rise in gold prices at futures trade to the precious metal's sustained rise in the global markets as escalating tension in Ukraine, before a vote in Crimea on breaking away to join Russia, and concern that China's growth is faltering boosted demand for safe-haven.
Globally, gold rose 0.5% to $1,376.64 an ounce in Singapore today, the highest level since September 10.