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Gold futures up 0.3% on firm global cues

Speculators enlarged their positions amid a firming trend overseas

Gold futures up 0.3% on firm global cues

Press Trust of India New Delhi
Gold prices rose by Rs 65 to Rs 25,453 per 10 gram in futures trading today as speculators enlarged their positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 65, or 0.26%, to Rs 25,453 per 10 gram, in a business turnover of 275 lots.

Similarly, the yellow metal for delivery in far-month April traded higher by Rs 55, or 0.22%, to Rs 25,588 per 10 gram in 13 lots.

Analysts said a firming trend in the global markets where gold rose to $1,077.23 an ounce in Singapore as investors eyed Federal Reserve minutes to be released on Wednesday, influenced gold futures here.

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First Published: Jan 06 2016 | 10:42 AM IST

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