Gold Futures Rise in India: Price Hits Rs 72,240/10gm
May 31, 2024 13:17
Gold futures prices in India rose on May 31, reaching Rs 72,240 per 10 grams, driven by strong spot demand and increased investor activity. Global gold prices also saw a slight increase.
New Delhi, May 31 (PTI) Gold price on Friday rose Rs 24 to Rs 72,240 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 24 or 0.03 per cent at Rs 72,240 per 10 grams in a business turnover of 17,059 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures went up 0.07 per cent at USD 2,364.90 per ounce in New York.
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