Business Standard

Gold futures up 0.1% on global cues

Metal for delivery in December edged up by 0.06%

Press Trust of India New Delhi
Gold prices edged up by 0.14% to Rs 29,644 per ten grams in futures trading today as speculators created fresh positions, tracking a firm global trend.

At the Multi Commodity Exchange, gold for delivery in February rose by Rs 40, or 0.14%, to Rs 29,644 per ten grams in business turnover of 68 lots.

Likewise, the metal for delivery in December edged up by Rs 17, or 0.06%, to Rs 29,937 per ten grams in 1,170 lots.

Market analysts attributed the rise in gold futures to speculators buying, driven by a firming global trend.

Meanwhile, gold rose by 0.2% to $1,309.80 an ounce in Singapore.

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First Published: Nov 08 2013 | 1:21 PM IST

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