NEW DELHI, July 22: Gold futures prices today rose by 1.42 per cent to Rs 27,084 per 10 grams as speculators enlarged positions after the metal jumped to a one-month high in the global market.
At the Multi Commodity Exchange, metal prices for delivery in August gained Rs 379, or 1.42 per cent, to trade higher at Rs 27,084 per 10 gm in a turnover of 2,900 lots.
Similarly, the metal prices for delivery in October edged up by Rs 373, or 1.39 per cent, to Rs 27,200 per 10 gm, clocking a business volume of 300 lots.
Analysts attributed gains in the precious metal at futures trade to a firming trend in the overseas markets where it climbed to one-month high as expectations that the US Federal Reserve will sustain stimulus.
Globally, gold rose by 1.80 per cent to USD 1,319.99, the highest level since June 20 in Singapore. (PTI)
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