Gold futures up by Rs 149 on firm global cues

Friday, Mar 4, 2016,11:10 IST By metrovaartha A A A

New Delhi | Gold prices rose by Rs 149 to Rs 30,005 per 10 grams in futures trading Friday as speculators enlarged positions amid a firming trend overseas. At the Multi Commodity Exchange, gold for delivery in far-month June was trading higher by Rs 149, or 0.50 per cent, to Rs 30,005 per 10 grams, in a business turnover of seven lots.

Similarly, the yellow metal for delivery in April rose by Rs 144, or 0.49 per cent, to Rs 29,760 per 10 grams in 295 lots.

Analysts said a firming trend in the global markets where gold rose 0.13 per cent to USD 1,262.30 an ounce in Singapore, influenced gold futures.