Gold futures up Rs 100 on global cues

Gold prices rose Rs 100 to Rs 27,001 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 far-month April next year was up by Rs 100, or 0.37 per cent, to Rs 27,001 per 10 grams in a trade volume of two lots.
The metal for delivery in February moved up Rs 62, or 0.23 per cent, to Rs 27,099 per 10 grams in a turnover of 124 lots.
Market analysts said rise in the precious metal at the global market mainly influenced gold prices at futures trade here.

Meanwhile, gold climbed as much as 0.74 per cent to USD 1,136.70 an ounce in Singapore today.