Gold futures prices up 0.23% on global cues

Gold prices moved up marginally by 0.23 per cent,to Rs 27,829 per 10 gm.

Written by PTI | New Delhi | Published: June 14, 2013 12:33:24 pm

Gold prices moved up marginally by 0.23 per cent,to Rs 27,829 per 10 gm in futures trade as speculators created positions taking positive cues from the global market amid firm spot demand.

At the Multi Commodity Exchange,gold for delivery in August up by Rs 63,or 0.23 per cent,to Rs 27,829 per 10 gm in business turnover of 3,573 lots.

The metal for delivery in far-month October moved up by Rs 59,or 0.21 per cent,to Rs 28,016 per 10 gm in a turnover of 242 lots.

Analysts said a firming trend in global market,mainly influenced gold prices at futures trade here.

Meanwhile,gold rose by 0.05 per cent to USD 1,386.40 an ounce in Singapore.

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