Gold futures climbed to a fresh peak of Rs 29,091

Gold futures climbed to some fresh high of Rs 29, 091 per 10 gr today, tracking a firming trend overseas as concerns about delaying economic growth and Europe's debt crisis spurred demand for that precious metal as a safe haven investment.

At the actual Multi Commodity Exchange, gold for delivery in far-month February increased by Rs 156, or 0. 50%, to Rs twenty nine, 091 per 10 grams, with a business turnover associated with six lots.

The October gold rose by Rs 88, or even 0. 26%, to Rs 28, 573 per 10 gr in 1, 934 lots.

The December contract spurted through Rs 78, or 0. 23%, to Rs 28, 833 for each 10 grams, clocking a business turnover of 183 plenty.

Market analysts attributed the skyrocketing gold futures prices, that hit an all-time high, to a firming trend overseas as renewed fears within the euro zone debt crisis and concerns about stalled global growth boosted the attractiveness from the precious metal in investors' eyes.

Meanwhile, spot gold costs gained 0. 6% to $1, 911. 07 an ounce within the Asian region, inching toward their all-time high of $1, 913. 50 for each ounce achieved on August 23.