Gold futures gain 0.41% on firm global cues

Gold futures gain 0.41% on firm global cuesNew Delhi - Gold prices rose 0.41 percent to Rs 28,230 per 10 grams in futures trading today as speculators enlarged positions amid a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in October rose by Rs 116, or 0.41 percent, to Rs 28,230 per 10 grams in a business turnover of 604 lots.

Similarly, the yellow metal for delivery in December traded higher by Rs 116, or 0.41 percent, to Rs 28,195 per 10 grams in 9 lots.

Analysts said a firming trend in the global markets supported the upside in gold prices at futures trade here.

Meanwhile in Singapore, gold rose to USD 1,290.22 an ounce from USD 1,288.78 yesterday. (PTI)