NEW DELHI, Feb 17: Gold futures rose by 0.21 per cent to Rs 29,066 per 10 grams today as speculators enlarged their positions, driven by a firming trend in the Asian region.
At the Multi Commodity Exchange, gold for delivery in June gained Rs 61, or 0.21 per cent, to Rs 29,066 per 10 grams in a business turnover of five lots.
The metal for delivery in April moved up by Rs 48, or 0.16 per cent, to Rs 29,423 per 10 grams in a turnover of 443 lots.
Market analysts said a firming trend in the global market as speculation that US economic recovery will stall boosted demand for haven assets, mainly influenced gold prices at futures trade here.
Meanwhile, gold rose by 0.90 per cent to USD 1,330.03 an ounce in Singapore, the highest since October 31. (AGENCIES)
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