<p>Gold futures prices today rose by 0.18 per cent to Rs 30,616 per 10 gram as speculators enlarged their positions, driven by a firming trend overseas and festive season demand at domestic spot markets.<br /><br /></p>.<p>At the Multi Commodity Exchange, gold for delivery in December rose by Rs 54, or 0.18 per cent, to Rs 30,616 per 10 gram in business turnover of 807 lots.<br /><br />The metal for delivery in far-month February next year traded Rs 47, or 0.16 per cent, higher at Rs 30,282 per 10 gram in a turnover of 20 lots.<br /><br />Globally, gold rose by 1.02 per cent to USD 1,347.30 an ounce in New York yesterday.<br /><br />Market analysts said a firming trend in the global market as weaker-than-forecast US data and concern that growth was hurt by a government shutdown boosted speculation the Federal Reserve will delay a cut in stimulus, mainly influenced gold futures here.<br /><br />Besides, a firming trend at domestic spot markets on the back of ongoing festive and wedding season demand, also supported the upside, they said.<br /><br />In the national capital, gold regained Rs 32,000 level after seven weeks and traded Rs 480 higher at Rs 32,410 per ten gram in yesterday's trade.</p>
<p>Gold futures prices today rose by 0.18 per cent to Rs 30,616 per 10 gram as speculators enlarged their positions, driven by a firming trend overseas and festive season demand at domestic spot markets.<br /><br /></p>.<p>At the Multi Commodity Exchange, gold for delivery in December rose by Rs 54, or 0.18 per cent, to Rs 30,616 per 10 gram in business turnover of 807 lots.<br /><br />The metal for delivery in far-month February next year traded Rs 47, or 0.16 per cent, higher at Rs 30,282 per 10 gram in a turnover of 20 lots.<br /><br />Globally, gold rose by 1.02 per cent to USD 1,347.30 an ounce in New York yesterday.<br /><br />Market analysts said a firming trend in the global market as weaker-than-forecast US data and concern that growth was hurt by a government shutdown boosted speculation the Federal Reserve will delay a cut in stimulus, mainly influenced gold futures here.<br /><br />Besides, a firming trend at domestic spot markets on the back of ongoing festive and wedding season demand, also supported the upside, they said.<br /><br />In the national capital, gold regained Rs 32,000 level after seven weeks and traded Rs 480 higher at Rs 32,410 per ten gram in yesterday's trade.</p>