Gold futures marginally up on global cues

New Delhi, May 11 (PTI) Gold prices rose 0.05 per cent in futures trade today as participants raised their exposure, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in June was trading higher by Rs 14, or 0.05 per cent to Rs 28,010 per 10 grams in a business turnover of 472 lots. Market analysts attributed gain in gold prices to raising of bets by participants largely on the back of a firming trend in global markets. Meanwhile, gold gained 0.11 per cent to USD 1,220.20 an ounce in Singapore. PTI