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Gold futures up by Rs 102 on firm global cues

Traders enlarge positions as yellow metal edges up slightly in Singapore

Press Trust of India New Delhi
Last Updated : May 12 2015 | 12:15 PM IST
Gold prices rose by Rs 102 to Rs 27,161 per 10 grams in futures trading today as speculators enlarged positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in far-month August rose by Rs 102, or 0.38 per cent, to Rs 27,161 per 10 grams in a business turnover of 10 lots.

June gold traded higher by Rs 96, or 0.36 per cent, to Rs 26,935 per 10 grams in 381 lots.

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Analysts said a firming trend in the global markets supported the upside in gold prices at futures trade here.

In Singapore, gold rose to $1,184.41 an ounce from $1,183.97 yesterday.

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First Published: May 12 2015 | 11:22 AM IST

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