 "Gold up 0.7% on global cues")
Gold prices moved up by 0.77% to Rs 29,036 per ten gram in futures trade today as speculators buying, tracking a firm global trend.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 223, or 0.77% to Rs 29,036 per ten grams in business turnover of 384 lots.
In a similar fashion, the metal for delivery in February moved up by Rs 151, or 0.51% to Rs 29,670 per ten gram in 1845 lots.
Meanwhile, gold rose by 0.8% to USD 1,279.61 an ounce, the highest level in Singapore since November 18.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 223, or 0.77% to Rs 29,036 per ten grams in business turnover of 384 lots.
In a similar fashion, the metal for delivery in February moved up by Rs 151, or 0.51% to Rs 29,670 per ten gram in 1845 lots.
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Analysts said speculators enlarged their positions in tandem with a firm global trend where gold rose to two-month high mainly led to rise in gold prices at futures trade.
Meanwhile, gold rose by 0.8% to USD 1,279.61 an ounce, the highest level in Singapore since November 18.