Gold futures up 0.28% on global cues

Gold prices rose by 0.28 per cent to Rs 25,235 per 10 grams in futures trade today as speculators widened their positions, taking positive cues from overseas markets.
At the Multi Commodity Exchange, gold for delivery in December month rose Rs 70, or 0.28 per cent, to Rs 25,235 per 10 grams in business turnover of 4,799 lots.
Similarly, the metal for delivery in far-month February next year gained Rs 62, or 0.24 per cent, to Rs 25,392 per ten grams in 405 lots.
Analysts attributed the rise in gold futures to a firm global trend.
Meanwhile, gold added 0.5 per cent to USD 1,074.09 an ounce in London.