Gold a shade higher in futures trade on global cues

At the Multi Commodity Exchange, gold for delivery in December moved up by Rs. 43, or 0.16 per cent, to Rs. 27,765 per 10 grams in a business turnover of six lots.
Similarly, the yellow metal for delivery in far-month October traded higher by Rs. 25, or 0.09 per cent, to Rs. 27,579 per 10 grams in 218 lots.
Analysts said a slightly better trend in the global markets after yesterday's plunge supported the upside in gold prices at futures trade here.
Meanwhile in Singapore, gold traded higher at $1,266.15 an ounce from $1,265.40 yesterday.
PTI
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