Gold climbs Rs 80 on positive global cues

Gold is trading at Rs 30,030 per 10 grams.

New Delhi:

Gold prices rose by Rs 80 to Rs 30,030 per 10 grams in futures trade today as speculators raised their bets amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 80 or 0.27 per cent to Rs 30,030 per 10 grams in a business turnover of 475 lots.

The yellow metal for delivery in far-month February next year gained Rs 71 or 0.24 per cent to Rs 29,951 per 10 gm in six lots. Market analysts attributed the rise in gold prices at futures trade to positive global cues.

Meanwhile, gold was trading higher a shade higher at USD 1,277.20 an ounce in Singapore.