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Gold prices rose by Rs 87 to 29,012 per 10 gm in futures trade on Monday as speculators created fresh positions, taking positive cues from overseas markets.
At the Multi Commodity Exchange, gold for June delivery rose by Rs 87, or 0.30 per cent, to Rs 29,012 per 10 gm in business turnover of 8,330 lots.
Likewise, the metal for August delivery moved up by Rs 75, or 0.26 per cent, to Rs 29,355 per 10 gm in 1,731 lots.
Meanwhile, gold gained 0.5 per cent to $1,580.97 an ounce in Singapore.
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