Gold Futures Rise on Spot Demand - PTI

By By Rediff Money Desk, New Delhi
Jan 14, 2025 13:19
Gold prices in India rose on Tuesday due to strong spot demand, while global gold futures dipped. Read more about the latest gold market trends.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Jan 14 (PTI) Gold prices on Tuesday increased Rs 39 to Rs 78,205 per 10 grams in futures trade as speculators created positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 39 or 0.05 per cent at Rs 78,205 per 10 grams in a business turnover of 10,335 lots.

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

Globally, gold futures declined 0.22 per cent to USD 2,669.07 per ounce in New York.
Source: PTI
Read More On:
gold pricesgold futuresspot demandmulti commodity exchangegold market
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Prestige Hospitality IPO: Rs 2,700 Crore Raise...

Prestige Estates's hospitality arm, Prestige Hospitality Ventures, files for an IPO to...

Steel Industry Needs Support: Financing,...

Anant Goenka, RPG Group Vice-Chairman, highlights financing, dumping, and green...

Telcos Revenue Up 14% in Dec Quarter: Trai Data

Telecom service providers saw a 14.07% rise in gross revenue to Rs 96,390 crore in the...

Macrotech Developers Q4 Profit Surges 38% to Rs...

Macrotech Developers Ltd reported a 38% jump in Q4 profit to Rs 921.7 crore on higher...

Air India Gets GDP Certification for Cargo...

Air India has received Good Distribution Practices (GDP) certification for its cargo...

Steel Industry: India Aims for 300 Million...

India's steel secretary outlines plans to ensure quality and price stability, safeguard...

DDA Gets Rs 8,720 Crore for Civic Infra, Sports...

The Delhi Development Authority (DDA) has approved Rs 8,720 crore for FY26, focusing on...

Canara Bank, Indian Bank Cut Loan Rates: Home...

Canara Bank and Indian Bank reduce lending rates, making home and vehicle loans more...

India, South Africa Explore Local Currency...

India and South Africa discussed using local currencies for trade ''...

Navi Mumbai Airport: India's First with Water...

Maharashtra CM Fadnavis announces Navi Mumbai airport will be India's first with water...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com