Gold futures up at Rs 26,055 per 10 gm

PTI Updated - July 10, 2013 at 12:53 PM.

BL08_04_GOLD

Gold futures prices rose 0.17 per cent to Rs 26,055 per 10 grams today as speculators enlarged positions, largely in tandem with a firm trend overseas.

On the Multi Commodity Exchange, gold prices for delivery in August gained Rs 45 or 0.17 per cent to trade at Rs 26,055 per 10 gm in a turnover of 4,038 lots.

Similarly, October contract edged up by Rs 33 or 0.13 per cent to Rs 26,139 per 10 gm clocking a business volume of 305 lots.

Analysts attributed the gains in the precious metal at the futures trade to a firm trend in the overseas markets as physical gold purchases picked up at lower prices.

Globally, the yellow metal rose $13.40 or 1.08 per cent to $1,250.10 an ounce in New York yesterday.

Published on July 10, 2013 07:22