Gold Futures Surge: Prices Rise Rs 48 to Rs 62,463/10g
Dec 21, 2023 13:28
Gold prices in India climbed by Rs 48 to Rs 62,463 per 10 grams in futures trading on Thursday, fueled by strong spot demand and fresh positions from speculators.
New Delhi, Dec 21 (PTI) Gold prices on Thursday rose Rs 48 to Rs 62,463 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 48 or 0.08 per cent at Rs 62,463 per 10 grams in a business turnover of 14,912 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures marginally fell to USD 2,047.50 per ounce in New York.
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.