Gold rises in futures trade on firm global cues

At the Multi Commodity Exchange, the metal for delivery in August gained Rs 239, or 0.90 percent, to trade higher at Rs 26,866 per 10 gm in a turnover of 451 lots.
On similar lines, the metal for delivery in October edged higher by Rs 211, or 0.79 percent, to Rs 26,895 per 10 gram, clocking a business volume of 12 lots.
Analysts attributed the rise in gold prices at futures trade to the precious metal's sustained upsurge in the global markets as escalating violence in Iraq spurred demand for the safe-haven.
Globally, gold rose 0.5 percent to USD 1,282.98 an ounce in Singapore on Monday the highest level since May 27.
PTI
More From GoodReturns

Gold Rates In India Today March 25 Shoots Up By Rs 37,600, Silver Rates Jump Too; 24K, 22K, 18K Gold Prices

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Falls By 1% As Spot Gold Price Hits Below $4,500

Gold Rate in India After 20% Slide from Record Highs; Will Gold Price Today Jump to Rs 1.50 Lakh on 30 March?

Gold Price Weekly Prediction 30 Mar-4 Apr: Gold Rate in India Rebounds After Big Crash; Will Rally Continue?

Again Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March?

Gold Price in India Remains Above Rs 1.48 Lakh Mark, Silver Rate Today Nears Rs 2.5 Lakh | March 29 Rates

Gold Prices Today: Bangalore, Chennai, Hyderabad See Fresh Moves in 24K, 22K, 18K Rates & Silver on March 31

Jump in Gold Rate For Second Day, Silver Rate Stable; Latest 22K, 24K & 18K Prices In Delhi on Ram Navami

Gold Rate Today Rebounds in Delhi After Dropping Over Rs 1.5 Lakh; Silver Climbs to Rs 2.5 Lakh/kg on 25 March

Gold Rate in India Rises After Multi-Day Slide, MCX Gold Up; Will Rally Sustain Amid US-Iran Ceasefire Talks?



Click it and Unblock the Notifications