Gold futures rise 0.15 per cent on global cues

Gold prices rose 0.15 per cent to Rs 29,437 per 10 grams in futures trade today as speculators created fresh positions, taking positive cues from global markets.
At the Multi Commodity Exchange, gold for delivery in December was up by Rs 44, or 0.15 per cent, to Rs 29,437 per 10 grams in a trade volume of 524 lots.
The metal for delivery in far-month February moved up Rs 22, or 0.07 per cent, to Rs 29,566 per 10 grams in a turnover of 129 lots.
Market analysts said building up of fresh positions by participants, tracking a firm trend at the global market, influenced gold prices at futures trade here.

Meanwhile, gold climbed as much as 0.13 per cent to USD 1,295.10 an ounce in Singapore today.