Gold futures rise 0.32 per cent on global cues

New Delhi: Gold prices went up by 0.32 per cent to Rs 31,469 per 10 gram in futures trade as participants created fresh positions post a firm trend overseas.

At the Multi Commodity Exchange, gold for delivery in far-month August rose by Rs 101, or 0.32 per cent, to Rs 31,469 per ten grams in business turnover of 240 lots.

Similarly, the yellow metal for delivery in June gained Rs 81 or 0.26 per cent to Rs 31,189 per ten grams in 1,891 lots. Analysts said gold prices were slightly up amid a firm dollar along with uncertainty over the outcome of the US-China trade talks, while investors waited for minutes from the Federal Reserve's meeting for clues on the outlook for the US interest rates. Globally, gold rose by 0.15 per cent to USD 1,292.50 an ounce in Singapore.