Market analysts attributed rise in gold prices at futures trade to positive global cues
Asian stocks hit a 2-1/2-month peak on Tuesday, a day after Wall Street shares rose to a record high
Standard gold (99.5 purity) moved-up by Rs 15 to end at Rs 31,220 per 10 grams from its previous level of Rs 31,205
According to traders, strong jobs data will trigger some short term pain for gold
Gold surged for a fourth day as investors sought precious metals as safe-haven assets
Speculators enlarged positions amid a firm global trend
Participants lightened their positions, largely in tandem with a weak trend overseas
Analysts attributed persistent rise in gold prices at futures trade to a firming trend overseas where gold surged for a second day
In sterling terms, gold delivered double-digit percentage gains to top 1,000 pounds an ounce for the first time in more than three years
Participants reduced their positions, largely in line with a weak trend overseas
Metal for delivery in far-month October shed Rs 47 or 0.15%
According to an analyst, pressure on gold will continue unless the UK vote tightens
US Fed also indicated that it could be less aggressive in tightening monetary policy next year due to slow economic growth
Silver also recaptured the Rs 42,000 mark by rising Rs 700 to Rs 42,050 a kg backed by increased offtake by industrial units and coin makers
Speculators raised their bets after the precious metal climbed above $1,300 an ounce in the global markets
Spot gold was down 0.3% at $1,279.35 an ounce
Metal for delivery in August shed Rs 54 or 0.18%
Speculators widened their bets taking positive cues from the global market
Participants cut down their bets after the precious metal fell for the ninth day in overseas market
Speculators raised their bets amid positive cues from global markets