Gold futures up at Rs 28,150 per 10 gm

New Delhi, Aug 5: Gold futures prices rose 0.37 per cent to Rs 28,150 per 10 grams on Monday as speculators enlarged their positions led by gains in the overseas market.On the Multi Commodity Exchange,
gold futures up at rs 28 150 per 10 gm - India TV
PTI 05 Aug 2013, 12:51 PM IST
New Delhi, Aug 5: Gold futures prices rose 0.37 per cent to Rs 28,150 per 10 grams on Monday as speculators enlarged their positions led by gains in the overseas market.



On the Multi Commodity Exchange, the metal prices for delivery in far-month October gained Rs 103 or 0.37 per cent to trade at Rs 28,150 per 10 gm in a turnover of 1,314 lots.

Similarly, the metal prices for delivery in August edged up by Rs 58 or 0.2 per cent to Rs 28,535 per 10 gm clocking a business volume of 56 lots.

Analysts attributed the gains in the precious metal at the futures trade to a firm trend in the overseas markets as US jobs data backed the case for the Federal Reserve to maintain stimulus.

Globally, the yellow metal rose 0.3 per cent to $1,315.50 an ounce in Singapore.
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