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Gold futures went up 0.28 per cent to Rs 30,055 per 10 gram at the futures trade due to widening of bets by speculators despite a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in December rose Rs 84 or 0.28 per cent to Rs 30,055 per 10 gram in a business turnover of 13 lots. Similarly, gold for delivery in October was trading up by Rs 60 or 0.20 per cent at Rs 29,843 per 10 gram in 1,445 lots.
Globally, gold was trading 0.22 per cent lower at $1,208.50 an ounce in Singapore.
Silver prices were up by 0.28 per cent at Rs 38,075 per kg at the futures trade as participants widened their bets shrugging off a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September went up by Rs 107 or 0.28 per cent to Rs 38,075 per kg in a business turnover of 1,518 lots. Likewise, the white metal for delivery in far-month December lost Rs 91 or 0.23 per cent to Rs 38,900 per kg in 158 lots.
Analysts said increasing of positions by traders helped silver prices to trade higher at the futures trade but a weak trend overseas restricted the gains. Meanwhile, silver was down by 0.13 per cent at $15.26 an ounce in Singapore.
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