Gold Futures Surge: Price Rises to Rs 68,668/10gm
Apr 02, 2024 12:47
Gold prices in India surged on Tuesday, fueled by strong spot demand and increased speculation. Futures contracts for June delivery rose to Rs 68,668 per 10 grams on the Multi Commodity Exchange.
New Delhi, Apr 2 (PTI) Gold prices on Tuesday rose Rs 337 to Rs 68,668 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher Rs 337 or 0.49 per cent at Rs 68,668 per 10 grams in a business turnover of 23,606 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.78 per cent to USD 2,274.60 per ounce in New York.
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