In futures trading at Multi Commodity Exchange, gold for delivery in far-month August moved up by Rs 78, or 0.28%, to Rs 27,775 per 10 grams, with a business turnover of 25 lots.
On similar lines, the metal for delivery in June contracts was up by Rs 62, or 0.23%, to Rs 27,525 per 10 grams, with a trade volume of 253 lots.
Marketmen said speculators widened their positions, tracking a firming trend overseas, which soared to almost a 3-month high after weak US data sent the dollar to a 4-month low, boosting appeal for precious metals as a safe haven. This mainly influenced gold futures trade.
Globally, gold in Singapore traded at $1,222.87 an ounce in Singapore.
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