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  1. Gold prices rise 0.19 per cent on global cues in futures trade

Gold prices rise 0.19 per cent on global cues in futures trade

At the Multi Commodity Exchange, gold for delivery in far-month August rose by Rs 55 or 0.19 per cent to Rs 29,421 per 10 gram in a business turnover of 549 lots.

By: | New Delhi | Published: June 8, 2016 11:07 AM
Gold prices in futures trade At the Multi Commodity Exchange, gold for delivery in far-month August rose by Rs 55 or 0.19 per cent to Rs 29,421 per 10 gram in a business turnover of 549 lots. (Photo: PTI)

Gold prices rose 0.19 per cent to Rs 29,421 per 10 gram in futures trade on Wednesday as participants created fresh positions, tracking a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in far-month August rose by Rs 55 or 0.19 per cent to Rs 29,421 per 10 gram in a business turnover of 549 lots.

Analysts said fresh positions built up by traders in line with a firm global trend where gold strengthened, influenced the sentiment.

Globally, gold rose 0.33 per cent to $1,247.30 an ounce in Singapore.

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Tags: Gold Prices

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