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.
Globally, gold rose by 1.80 per cent to USD 1,319.99, the highest level since June 20 in Singapore Tracking a rising trend precious metals in global markets, silver futures prices on Monday rose sharply by 1.61 per cent to Rs 41,004 per kg as speculators built up fresh positions amid covering-up of short positions. At the Multi Commodity Exchange, silver for delivery in September traded higher by Rs 650, or 1.61 per cent, to Rs 41,004 per kg in business turnover of 3,729 lots. On the similar lines, the white metal for delivery in far-month December traded Rs 600, or 1.46 per cent, higher at Rs 41,800 per kg in a turnover of 101 lots.
