Gold futures up Rs 80 on global cues

Tuesday, Dec 29, 2015,12:36 IST By metrovaartha A A A

New Delhi | Gold prices rose Rs 80 to Rs 25,205 per 10 grams in futures trade Tuesday as speculators created fresh positions, taking positive cues from global markets.

At the Multi Commodity Exchange, gold for delivery in February next year was up by Rs 80, or 0.32 per cent, to Rs 25,205 per 10 grams in a trade volume of 590 lots. The metal for delivery in far-month April moved up Rs 64, or 0.25 per cent, to Rs 25,296 per 10 grams in a turnover of four lots.

Market analysts said rise in the precious metal at the global market mainly influenced gold prices at futures trade here.

Meanwhile, gold climbed as much as 0.4 per cent to USD 1,072.80 an ounce in Singapore today.