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Gold up on positive global cues

NEW DELHI: Gold prices were up 0.08 per cent to Rs 31,937 per 10 gram in futures trade on Friday as speculators raised their bets amid a firm global trend.

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New Delhi, April 26

Gold prices were up 0.08 per cent to Rs 31,937 per 10 gram in futures trade on Friday as speculators raised their bets amid a firm global trend.

At the Multi Commodity Exchange, gold contract for delivery in June was trading higher by Rs 26 or 0.08 per cent, at Rs 31,937 per 10 gram with a business turnover of 13,819 lots.

The yellow metal for delivery in August gained Rs 36 or 0.11 per cent, to trade at Rs 32,116 per 10 gram in 9,043 lots.

Market analysts attributed the rise in gold prices to positive global cues.

Globally, gold was trading 0.48 per cent higher at USD 1,281.90 an ounce in Singapore. PTI

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