Gold Futures Surge: Prices Rise to Rs 71,746/10g

By By Rediff Money Desk, New Delhi
Sep 10, 2024 13:20
Gold futures prices climbed Rs 118 on Tuesday to Rs 71,746 per 10 grams, driven by firm spot demand and fresh positions created by speculators. Globally, gold futures also rose in New York.
New Delhi, Sep 10 (PTI) Gold prices on Tuesday rose Rs 118 to Rs 71,746 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for October delivery traded higher Rs 118 or 0.16 per cent at Rs 71,746 per 10 grams in a business turnover of 14,434 lots.

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

Globally, gold futures increased 0.09 per cent to USD 2,535 per ounce in New York.
Source: PTI
Read More On:
goldmulti commodity exchangegold pricesgold futurescommodity trading
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

Vedanta to Invest Rs 1 Lakh Cr in Odisha for...

Vedanta announces a Rs 1 lakh crore investment in Odisha to build an alumina refinery...

India: World's Top Investment Destination | Goyal

India's strong fundamentals, including controlled inflation and USD 700 billion FX...

UP Aims for USD 1 Trillion Economy: Adityanath...

Uttar Pradesh Chief Minister Yogi Adityanath reviewed the state's USD 1 trillion...

Sebi Clarifies 3-in-1 Account Usage for Public...

Sebi clarifies investors can use 3-in-1 accounts for public issues of debt securities,...

Cybersecurity Software 'ComplyScore' Launched...

Atlas Systems, a leading provider of AI-enabled IT operations and risk management...

Indraprastha Gas, Mahanagar Gas Shares Slump...

Indraprastha Gas and Mahanagar Gas shares fell over 10% after the government slashed...

Rays Power Infra Secures Rs 940 Crore Solar...

Rays Power Infra has bagged projects worth Rs 940 crore, including 362 MW in Rajasthan,...

ACME Solar Inks Pact for 150 MW Hybrid Solar...

ACME Solar Holdings has signed a PPA with SECI for a 150 MW hybrid solar project in...

HGS Launches AI Hub in Manila to Boost Digital...

Hinduja Global Solutions has launched an AI Hub in Manila, Philippines, to enhance...

TCPL Q2 Profit Up Slightly, Revenue Rises 12.8%...

Tata Consumer Products Ltd (TCPL) reported a marginal increase in its consolidated net...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com