Gold Futures Surge: Prices Rise to Rs 69,160/10g
Apr 03, 2024 15:32
Gold futures on MCX rose by Rs 232 to Rs 69,160 per 10 grams on Wednesday, driven by firm spot demand and speculation. Global gold prices also increased.
Photograph: Arnd Wiegmann/Reuters
New Delhi, Apr 3 (PTI) Gold prices on Wednesday rose Rs 232 to Rs 69,160 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 232 or 0.34 per cent at Rs 69,160 per 10 grams in a business turnover of 24,335 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.50 per cent to USD 2,293.20 per ounce in New York.
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