Tracking a firming global trend, gold futures prices rose Rs 45 to Rs 29,018 per 10 grams today as speculators created positions.

At the Multi Commodity Exchange, gold for delivery in June rose Rs 45 or 0.16 per cent to Rs 29,018 per 10 grams with a business turnover of 5,743 lots. Similarly, August contract edged up by Rs 34 or 0.12 per cent to Rs 29,363 per 10 grams in 796 lots.

Market analysts attributed the rise in gold futures to a firming global trend.

Meanwhile, gold was up 0.3 per cent at $1,598.25 an ounce, the highest since May 10 in Singapore.

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