Gold futures marginally up on global cues
- Spot-fixing: Petition in SC seeks stay on IPL matches, seeks SIT probe
- India, China call for end to incursion issue, sign 8 deals to boost ties
- Sanjay Dutt spends restless nights as officials yet to decide on his jail
- Aarushi murder case: Rajesh Talwar claims he was asleep when killings took place
- Railgate: BJP protests against CBI DIG for shielding Pawan Bansal
Gold prices rose by 0.29 per cent to Rs 29,559 per 10 grams in futures trading today as speculators enlarged positions amid a firming trend in the global markets.
At the Multi Commodity Exchange, gold for delivery in August rose by Rs 86, or 0.29 per cent, to Rs 29,559 per 10 grams, with a business turnover of 2,161 lots.
Similarly, the metal for delivery in October moved up by Rs 82, or 0.28 per cent, to Rs 29,869 per 10 grams, with a business turnover of 78 lots.
Market analysts attributed the rise in gold futures to a firming in the global markets on signs of increased investment demand amid speculation that central banks will take more steps to boost growth.
Meanwhile, gold traded a shade higher at USD 1,617.40 an ounce in Singapore.
- Former Ranji player among 3 more held
- Rajasthan Royals to file FIR against tainted trio
- If found guilty, BCCI to ask ICC to erase Sreesanth records
- Top cops among 42 named in death of blast accused
- Manmohan-Li talks: PM takes tough line on incursion issue
- Security forces blame Maoists, villagers say CoBRA man was killed in 'friendly fire'