Gold futures hit fresh peak of Rs 29,091 per 10 grams on global cues

NEW DELHI: Gold futures climbed to a fresh high of Rs 29,091 per 10 grams on Tuesday , tracking a firming trend overseas as concerns about slowing economic growth and Europe's debt crisis spurred demand for the precious metal as a safe haven investment.

At the Multi Commodity Exchange, gold for delivery in far-month February shot up by Rs 156, or 0.50 per cent, to Rs 29,091 per 10 grams, with a business turnover of six lots.

The metal for delivery in October also rose by Rs 88, or 0.26 per cent, to Rs 28,573 per 10 grams in 1,934 lots.

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