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Gold futures rise 0.23 pc on positive global cues

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Press Trust of India New Delhi
Gold prices went up by 0.23 per cent to Rs 28,469 per 10 grams in futures trade today as speculators built up fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 64, or 0.23 per cent, to Rs 28,469 per ten grams in a business turnover of 372 lots.

Analysts said, fresh positions created by participants in line with a firm trend as the dollar held steady on expectations of a US tax overhaul, mainly influenced gold prices at futures trade.

Globally, gold rose 0.17 per cent to USD 1,263.40 an ounce in Singapore.

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First Published: Dec 20 2017 | 11:15 AM IST

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