Gold futures rise 0.49% today to Rs. 28,790 per 10 grams

New Delhi – Gold futures rose 0.49 per cent today to Rs. 28,790 per 10 grams as speculators enlarged their positions, driven by a firming trend in the Asian region.

At the Multi Commodity Exchange, gold for delivery in April rose by Rs. 140, or 0.49 per cent, to Rs. 28,790 per 10 grams in a business turnover of 522 lots.

The metal for delivery in the June moved up by Rs. 133, or 0.47 per cent, to Rs. 28,464 per 10 grams in a turnover of 10 lots.

Market analysts said a firming trend in the global market before data on US jobs, influenced gold futures here.

Meanwhile, gold rose $2.50, or 0.20 per cent, to $1,260.30 an ounce in Singapore in early trade today.