Gold futures rise marginally on global cues


Gold futures rise marginally on global cues
 
New Delhi, Mar 10 (PTI) Gold prices rose marginally by 0.14 per cent to Rs 21,385 per 10 grams in futures trade today, tracking a firming trend in global markets.
At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.14 per cent, to Rs 21,385 per 10 grams, with a turnover of 17 lots.
Likewise, futures contracts for April delivery of the yellow metal moved up by Rs 39, or 0.13 per cent, to Rs 21,086 per 10 grams, with a business turnover of 666 lots.
Market analysts said a firming trend overseas following political tensions in the Middle East and North Africa and the return of concerns over European debt woes mainly influenced precious metal prices in futures trade here.
Meanwhile, gold rose by 0.09 per cent to USD 1,430.20 an ounce in Asian trade today. 
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