New Delhi: Breaking all previous records, gold prices crossed Rs 32,000 per 10 gm in futures trade today as speculators engaged in creating positions, taking positive cues from global markets. Besides, a firming trend in the spot markets on the back of buying activity ahead of marriage and festive season mainly influenced the prices. At the Multi Commodity Exchange, gold for delivery in far-month February contract gained Rs 54, or 0.17 per cent, to trade at new high of Rs 32,096 per 10 gm, clocking a business volume of 49 lots. Gold for delivery in the October contract also up by Rs 86 to Rs 31,369 per 10 gm in a turnover of 11,951 lots. In the domestic market, gold traded Rs 240 higher at an all-time high of Rs 31,850 per 10 gm in the national capital today. Market analysts said the rise in gold prices at futures trade which climbed to a new high was attributed to speculative positions built-up by speculators driven by a firming trend overseas as global data strengthened the case for more stimulus to boost growth, raising demand for the precious metal. Meanwhile, gold gained 0.3 per cent to USD 1,697.20 an ounce, the highest level since March 13 in Singapore.

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