Gold up on firm overseas cues 29/08/2016 08:27

Gold up on firm overseas cues
29/08/2016 08:27
Gold futures closed higher in the domestic market on Friday as traders indulged in creating fresh positions tracking a firm trend overseas. Analysts attributed the rise in gold futures to fresh positions created by participants in tandem with a firm trend overseas. At the MCX, Gold futures for October 2016 contract closed at Rs 31,010, per 10 gram, up by 0.27 per cent after opening at Rs 30,910, against the previous closing price of Rs 30,928. It touched the intra-day high of Rs 31,320.