Gold futures rise on firm global cues
New Delhi: Gold prices rose by Rs 32 to Rs 28,397 per 10 grams in futures trade on Friday as speculators created fresh positions, tracking a firm trend in overseas markets.
At the Multi Commodity Exchange, gold for delivery in June rose by Rs 32, or 0.11 percent to Rs 28,397 per 10 grams in business turnover of 679 lots.
Similarly, the metal for delivery in April moved up by Rs 25, or 0.09 percent, to Rs 27,938 per 10 grams in 7,501 lots.
Market analysts attributed to rise in gold futures to firming global trend.
Meanwhile, gold rose 0.4 percent to USD 1,652.10 an ounce in London.