Business Standard

Gold futures gain 0.3% on global cues

Speculators indulged in creating fresh positions amid a firm global trend

Press Trust of India New Delhi
Gold prices rose by Rs 0.26 to Rs 27,359 per 10 gram in futures trade today as speculators indulged in creating fresh positions amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs 71, or 0.26%, to Rs 27,359 per 10 grams in a business turnover of 848 lots.

Likewise, the metal for delivery in February edged up by Rs 2, or 0.01%, to Rs 27,500 per 10 grams in just two lots.

Analysts said the rise in gold prices at futures trade was mostly in line with a firm global trend.
 
Meanwhile, gold rose 0.24% to $1,263.10 an ounce in Singapore.

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First Published: Feb 04 2015 | 11:15 AM IST

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