Gold Futures Rise in India: Prices Hit Rs 62,123/10 Grams

By By Rediff Money Desk, NEWDELHI
Jan 24, 2024 14:54
Gold futures prices in India surged Rs 155 to Rs 62,123 per 10 grams on Wednesday, driven by increased demand and bullish sentiment. Global gold prices also rose.
New Delhi, Jan 24 (PTI) Gold prices on Wednesday rose Rs 155 to Rs 62,123 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for February delivery traded higher Rs 155, or 0.25 per cent, at Rs 62,123 per 10 grams in a business turnover of 5,562 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.

Globally, gold futures increased by 0.31 per cent to USD 2,051.60 per ounce in New York.
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