Gold futures up 0.28 per cent on global cues

New Delhi: Gold prices rose by 0.28 per cent to Rs 27,030 per 10 grams in futures trade on January 5 as speculators created fresh positions, taking positive cues from the global market. At the Multi Commodity Exchange, gold for delivery in far-month April contracts was up by Rs 76, or 0.28 per cent, to Rs 27,030 per 10 grams in a business turnover of 1 lot.

The metal for delivery in February was trading higher by Rs 64, or 0.24 per cent, to Rs 26,794 per 10 grams in a turnover of 396 lots. According to analysts, a firming trend in global market where gold extended gains from one-month low, influenced the precious metal here in futures trade. Meanwhile, gold rose 0.40 per cent to USD 1,193.48 an ounce in Singapore.