Gold futures gain Rs 124 on global cues

Gold prices rose by Rs 124 to Rs 26,240 per 10 grams in futures trade on Wednesday as speculators created positions amid positive cues from the global market Stock Market Trading Tips

At the multi commodity exchange, gold for delivery in far-month February moved up by Rs 124, or 0.47 per cent, to Rs 26,240 per 10 grams in a business turnover of three lots. 

The metal for delivery in December was trading higher by Rs 119, or 0.46 per cent, to Rs 26,041 per 10 grams in a turnover of 197 lots Himanshu Tiwari Astrologer Blog

Analysts said a firming trend in global market where gold recovered from one-month lows, influenced the precious metal here in futures trade. 

Meanwhile, gold rose as much as 0.4 per cent to $1,122.18 an ounce in Singapore Commodity Market Astrology Tips