 "Gold up 0.6% on global cues")
Gold prices rose by 0.62% to Rs 28,318 per ten grams in futures trade today as speculators indulged in creating fresh positions, supported by a firming global trend.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 174, or 0.62%, to Rs 28,318 per ten grams in business turnover of 76 lots.
Similarly, gold for delivery in February gained Rs 121, or 0.42%, to Rs 28,799 per ten grams in 2,544 lots.
Meanwhile, gold gained 0.4% to $1,235.68 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 174, or 0.62%, to Rs 28,318 per ten grams in business turnover of 76 lots.
Similarly, gold for delivery in February gained Rs 121, or 0.42%, to Rs 28,799 per ten grams in 2,544 lots.
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Analysts said fresh positions created by speculators in tandem with a firm global trend on speculation the US Federal Reserve may decide in its meeting today to refrain from reduction in monetary stimulus, mainly boosted the sentiment.
Meanwhile, gold gained 0.4% to $1,235.68 an ounce in Singapore.