At the Multi Commodity Exchange, gold for delivery in February rose by Rs 87, or 0.30 percent, to Rs 29,246 per 10 grams in business turnover of 325 lots.
    
Likewise, the metal for delivery in April moved up by Rs 92, or 0.32 percent, to Rs 28,546 per 10 gm in 20 lots.
    
Market analysts said a firming global trend on speculation that its biggest annual decline since 1981 is spurring increased demand in Asia influenced gold prices at futures trade.
    
Meanwhile, gold rose by 0.80 percent to USD 1,246.46 an ounce, the highest level since December 17 in Singapore on Monday.

Silver futures down on global cues

Amid a weak trend in the global markets, silver futures moved down by Rs 105 to Rs 45,370 per kg as speculators offloaded positions.
    
At the Multi Commodity Exchange, silver for delivery in March moved down by Rs 105, or 0.23 per cent, to Rs 45,370 per kg, with a business turnover of 463 lots.
    
Similarly, the metal for delivery in May traded lower by Rs 74, or 0.16 percent, to Rs 46,370 per kg, with a business turnover of six lots.
    
Marketmen said offloading of positions by speculators, triggered by a weak global trend, mainly weighed on silver prices at futures trade.
    
Meanwhile, silver declined 0.40 percent to USD 20.07 an ounce in Singapore.

(Agencies)

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