Gold futures up Rs 105 on global cues

Tuesday, Apr 11, 2017,12:15 IST By anju A A A

New Delhi | Gold rose by Rs 105 to Rs 28,844 per 10 grams in futures trading on Tuesday as speculators widened positions tracking a firming trend overseas.

At the Multi Commodity Exchange, gold for delivery in June was trading higher by Rs 105, or 0.37 per cent, to Rs 28,844 per 10 grams, in a business turnover of 357 lots.

Market analysts said speculators enlarged positions on the back of a firming global trend which influenced gold futures here.

Globally, gold climbed as much as 0.14 per cent to USD 1,256.10 an ounce in Singapore.