Gold futures rise on positive global cues

NEW DELHI, July 16: Gold prices rose by Rs 59 to Rs 30,164 per 10 gram in futures trade today as speculators raised bets amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in August was trading higher by Rs 59, or 0.20 per cent, to Rs 30,164 per 10 gram in a business turnover of 90 lots.
The yellow metal for delivery in far-month October gained Rs 51, or 0.17 per cent, to Rs 30,444 per 10 gram in 7 lots.
Market analysts attributed the rise in gold prices at futures trade to positive global cues.
Meanwhile, gold was trading higher 0.15 per cent at USD 1,242.80 an ounce in Singapore. (PTI)
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