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Gold futures up Rs 66 on global cues

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Press Trust of India New Delhi
Gold prices edged higher by Rs 66 to Rs 25,288 per 10 gram in futures trade as speculators widened positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in December month moved up by Rs 66, or 0.26 per cent to Rs 25,288 per ten grams in business turnover of 1,338 lots.

On similar lines, the yellow metal for delivery in far-month February next year was trading higher by Rs 63, or 0.25 per cent to Rs 25,436 per ten grams in 148 lots.

Analysts said participants enlarged positions on the back of a firm global trend mainly led to rise in gold prices at futures trade.
 

Globally, gold rose 0.17 per cent to USD 1,072.70 an ounce in Singapore.

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First Published: Nov 26 2015 | 1:32 PM IST

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