Gold climbs Rs 39 on positive global cues

New Delhi: Gold prices were up by Rs 39 to Rs 30,860 per 10 grams in futures trade on August 31 as speculators raised their bets amid a firm global trend.

At the Multi Commodity Exchange, gold for delivery in October was trading higher by Rs 39 or 0.13 per cent to Rs 30,860 per 10 grams in a business turnover of 773 lots.

The yellow metal for delivery in December gained Rs 30 or 0.10 per cent to Rs 31,038 per 10 gm in 16 lots. Market analysts attributed the rise in gold prices at futures trade to positive global cues.

Meanwhile, gold was trading 0.24 per cent higher at USD 1,313.70 an ounce in Singapore.