NEW DELHI, Jan 29: Gold prices rose by Rs 32 to Rs 30,370 per 10 gm in futures trade today as speculators created fresh positions, taking positive cues from overseas markets.
At the Multi Commodity Exchange, gold for delivery in February rose by Rs 32, or 0.11 per cent, to Rs 30,370 per 10 gm, with a business turnover of 468 lots.
Similarly, the metal for delivery in April moved up by Rs 29, or 0.09 per cent, to Rs 30,911 per 10 gm, with a trade volume of 85 lots.
Marketmen said fresh positions built-up by speculators in tandem with a recovery in global markets before the US Federal Reserve begins a two-day policy meeting later today that will probably press on with stimulus to bolster the world’s largest recovery, helped gold futures to trade higher.
Globally, the gold in Singapore climbed 0.3 per cent to USD 1,660 an ounce. (PTI)
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