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Gold futures rise Rs 35 on firm global trend

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At the Multi Commodity Exchange, gold for delivery in December rose by Rs 35 or 0.13% to Rs 26,849 per 10 grams in a business turnover of 13 lots.

Gold rose by Rs 35 to Rs 26,849 per 10 grams in futures trading on Monday as speculators enlarged positions.

Similarly, the yellow metal for delivery in October moved up by Rs 33 or 0.12% to Rs 26,656 per 10 grams in 744 lots.

Market analysts said speculators enlarged their positions on the back of a firming global trend, supporting the upside in gold prices in futures trade.

Globally, gold traded higher at $1,134.33 an ounce in Singapore from $1,133.55 on Friday.

IANS