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Gold futures up by 0.3% on global cues

Speculators created fresh positions, taking positive cues from global markets

Gold futures up by 0.3% on global cues
Press Trust of India New Delhi
Last Updated : Dec 29 2015 | 11:53 AM IST
Gold prices rose Rs 80 to Rs 25,205 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 February next year was up by Rs 80, or 0.32%, to Rs 25,205 per 10 grams in a trade volume of 590 lots.

The metal for delivery in far-month April moved up Rs 64, or 0.25%, to Rs 25,296 per 10 grams in a turnover of four lots.

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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 0.4% to $1,072.80 an ounce in Singapore today.

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First Published: Dec 29 2015 | 11:42 AM IST

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