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Gold prices rose Rs 59 to Rs 30,164 per 10 gram at the futures trade as speculators raised their bets owing to 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 at 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 the futures trade to positive global cues. Meanwhile, gold was trading higher 0.15 per cent at $1,242.80 an ounce in Singapore.
Silver prices were higher by Rs 76 to Rs 39,122 per kg at the futures trade as participants widened their bets owing to a firm global trend.
At the Multi Commodity Exchange, silver for delivery in far-month September was trading higher by Rs 76 or 0.19 per cent at Rs 39,122 per kg in a business turnover of 175 lots. Meanwhile, silver was up 0.16 per cent at $15.81 an ounce in Singapore.
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