New Delhi: Gold prices were up by 0.27 percent to Rs 27,614 per 10 gram in futures trade as speculators enlarged positions amid a firming global trend. At the Multi Commodity Exchange, gold for delivery in December moved up by Rs 73, or 0.27 per cent, to Rs 27,614 per 10 gram in a business turnover of 43 lots.
In a similar fashion, the metal for delivery in October gained Rs 59, or 0.22 per cent, to Rs 27,437 per 10 gram in 1,036 lots. Analysts said the rise in gold prices at futures trade was mostly attributed to a firming trend overseas as speculators enlarged positions. Meanwhile, gold rose 0.2 per cent to USD 1,270.78 an ounce in Singapore.
Taking positive cues from globalmarkets, silver prices rose 0.65 per cent to Rs 42,285 per kg in futures trading today as speculators indulged in enlarging their positions. At the Multi Commodity Exchange, silver for delivery in December rose by Rs 272, or 0.65 per cent, to Rs 42,285 per kg in a business turnover of 1,942 lots.
Analysts said a firming trend in bullion prices in overseas markets mainly influenced silver prices at futures trade here. Meanwhile, silver rose 0.5 per cent to USD 19.29 an ounce in Singapore.
