At the Multi Commodity Exchange, gold for delivery in
October rose by Rs 95, or 0.34 per cent, to Rs 27,641 per 10
grams with a business turnover of 85 lots.
In a similar fashion, the metal for delivery in August
moved up by Rs 90, or 0.32 per cent, to Rs 27,554 per 10 grams with a trade volume of 4,113 lots.
Market analysts said the rise in gold futures was mainly
in line with a firming trend in overseas markets after German
factory orders fell more than expected, raising demand for
Meanwhile, gold climbed 0.20 per cent to USD 1,321.89 an
ounce in London.