Gold price rises by 0.1% on global cues

New Delhi-India (Nov 5)  Gold prices rose 0.12% to Rs 25,802 per 10 gram in futures trade today as speculators created fresh positions, taking positive cues from global markets.

 At the Multi Commodity Exchange, gold for delivery in December was up by Rs 31, or 0.12%, to Rs 25,802 per 10 gram, in a business turnover of 842 lots.

The metal for delivery in far-month February 2016 moved up Rs 22, or 0.08%, to Rs 25,984 per 10 gram in a turnover of 14 lots.

 Market analysts said rise in the precious metal at global markets, mainly influenced gold prices at futures trade here.

 Meanwhile, gold climbed as much as 0.15% to $1,109.20 an ounce in Singapore today.

Source: BusinessStandard