Gold futures rise 0.49 per cent on global cues

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Market analysts said a firming trend in the global market before data on US jobs, influenced gold futures here. Reuters Market analysts said a firming trend in the global market before data on US jobs, influenced gold futures here. Reuters
SummaryGold futures rose 0.49 per cent today to Rs 28,790 per 10 grams

Gold futures rose 0.49 per cent today to Rs 28,790 per 10 grams as speculators enlarged their positions, driven by a firming trend in the Asian region.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs 140, or 0.49 per cent, to Rs 28,790 per 10 grams in a business turnover of 522 lots.

The metal for delivery in the June moved up by Rs 133, or 0.47 per cent, to Rs 28,464 per 10 grams in a turnover of 10 lots.

Market analysts said a firming trend in the global market before data on US jobs, influenced gold futures here.

Meanwhile, gold rose USD 2.50, or 0.20 per cent, to USD 1,260.30 an ounce in Singapore in early trade today.

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