Gold futures gain 0.06% on global cues

Gold prices edged up by 0.06 per cent to Rs 25,413 per 10 gram in futures trading today as speculators created fresh bets amid positive cues from the global markets.
In addition, rising trend at the domestic spot markets supported the upside.
At the Multi Commodity Exchange, gold for delivery in February inched up by Rs 16, or 0.06 per cent, to Rs 25,413 per ten grams in a business turnover of 7,273 lots.
Likewise, the yellow metal for delivery in far-month April contracts traded marginally up by Rs 5, or 0.02 per cent, to Rs 25,560 per ten grams in 137 lots.

Analysts said fresh positions built up by traders on the back of a firm global trend mainly led to rise in gold prices at futures trade.
At the spot market, gold prices rose by Rs 225 to Rs 25,840 per 10 grams in the national capital today.
Meanwhile, gold rose 0.34 per cent to USD 1,078.00 an ounce in London.