 "Gold up in futures trade on global cues")
Buoyed by a firm global trend, gold prices rose by 0.28% to Rs 27,168 per 10 gm in futures trade today as speculators enlarged their positions.
At the Multi Commodity Exchange, the June contract rose by Rs 75, or 0.28%, to Rs 27,168 per 10 gm in business turnover of 2,794 lots.
The August contract traded higher by Rs 66, or 0.24%, to Rs 27,448 per 10 gm in 265 lots.
Meanwhile, gold rose 1.50% to $1,474.40 an ounce in New York in yesterday's trade.
At the Multi Commodity Exchange, the June contract rose by Rs 75, or 0.28%, to Rs 27,168 per 10 gm in business turnover of 2,794 lots.
The August contract traded higher by Rs 66, or 0.24%, to Rs 27,448 per 10 gm in 265 lots.
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Analysts said a firming trend in the global markets on signs of rising demand in China and India, mainly led to rise in gold prices at futures trade.
Meanwhile, gold rose 1.50% to $1,474.40 an ounce in New York in yesterday's trade.