Gold climbs Rs 35 on positive global cues

New Delhi: Gold prices were up by Rs 35 to Rs 31,050 per 10 grams in futures trade on July 19 as speculators raised their bets amid firm global trend.

At the Multi Commodity Exchange, gold for delivery in August was trading higher by Rs 35 or 0.11 per cent to Rs 31,050 per 10 grams in a business turnover of 498 lots.

The yellow metal for delivery in October gained Rs 33 or 0.11 per cent to Rs 31,450 per 10 gm in 7 lots. Market analysts attributed rise in gold prices at futures trade to positive global cues.

Meanwhile, gold was trading higher 0.09 per cent at USD 1,329.70 an ounce in Singapore.