Business Standard

Gold futures up on global cues

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Press Trust of India New Delhi

Gold prices rose by Rs 67 to Rs 28,511 per ten grams in futures trade today in tune with a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 67, or 0.24%, to Rs 28,511 per ten grams in business turnover of 191 lots.

The April contract moved up by Rs 53, or 0.19%, to Rs 28,138 per ten grams in 7,436 lots.

Analysts said fresh buying by speculators mostly driven by a firming global trend mainly led to rise in gold prices at futures trade.

Gold rose 0.6% to $1,729.66 an ounce in Singapore.

 

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First Published: Feb 15 2012 | 4:04 PM IST

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