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ET: Gold futures rise on positive global cues
 
NEW DELHI: Gold prices rose by Rs 34 to Rs 16,647 per ten grams in futures trading today on emergence of buying sparked by a firming global trend.

At the Multi Commodity Exchange, gold for June contract rose by Rs 34, or 0.20 per cent to Rs 16,647 per ten grams with an open interest of 16,008 lots.

Similarly, the metal for delivery in August traded higher by the same margin at Rs 16,740 per ten grams in 1,202 lots.

Marketmen said fresh buying by traders and reports of firming global trend mainly led to rise in gold prices at futures market.

Meanwhile, gold rose by 6.20 dollar to 1141.40 dollar an ounce in Asian region.
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