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Gold futures gain 0.15% on firm global cues

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NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend overseas.

At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.15 per cent, to Rs 25,796 per 10 grams in a business turnover of eight lots.

Similarly, the yellow metal for delivery in April traded higher by Rs 33, or 0.13 per cent, to Rs 25,650 per 10 grams in 505 lots.
Analysts said a better trend in the global markets supported the upside in gold prices at futures trade here.

Meanwhile, in Singapore, gold rose to USD 1,151.35 an ounce from USD 1,149.57 on Tuesday.

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