Gold futures rise to Rs. 27,482 on global cues

New Delhi: Gold prices rose Rs. 73 to Rs. 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.On the Multi Commodity Exchange, gold for delivery
gold futures rise to rs. 27 482 on global cues -...
PTI 30 Jan 2015, 01:23 PM IST

New Delhi: Gold prices rose Rs. 73 to Rs. 27,482 per 10 gram at the futures trade as speculators engaged in enlarging positions amid a better trend overseas.

On the Multi Commodity Exchange, gold for delivery in February was up by Rs. 73 or 0.23 per cent to Rs. 27,482 per 10 gram in a business turnover of 637 lots.

Similarly, the metal for delivery in far-month April moved up by Rs. 54 or 0.23 per cent to Rs. 27,540 per 10 gm in a turnover of 140 lots.

Analysts said the rise in gold prices at the futures trade was mostly in line with a firm trend overseas where the precious metals advanced from a two-week low on easing of selling pressure.

Meanwhile, gold rose as much as 0.4 per cent to $1,262.07 an ounce in Singapore.

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