 "Gold futures up by 0.1% on global cues")
Gold rose by Rs 36 to Rs 30,502 per 10 grams in futures trading today as speculators widened positions, tracking a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month August was trading higher by Rs 36, or 0.12%, to Rs 30,502 per 10 grams, in a business turnover of just one lot.
Similarly, the metal for delivery in June was up by Rs 14, or 0.05%, to Rs 30,280 per 10 grams in 120 lots.
Globally, gold climbed as much as 0.03% to $1,292.80 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in far-month August was trading higher by Rs 36, or 0.12%, to Rs 30,502 per 10 grams, in a business turnover of just one lot.
Similarly, the metal for delivery in June was up by Rs 14, or 0.05%, to Rs 30,280 per 10 grams in 120 lots.
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Market analysts said speculators enlarged their positions on the back of a firming global trend as a gauge of the dollar touched an 11-month low after weaker-than-expected US economic growth cut prospects for higher interest rates, adding to the appeal of safe haven investment, influenced gold futures here.
Globally, gold climbed as much as 0.03% to $1,292.80 an ounce in Singapore.