Gold Futures Surge: Prices Rise to Rs 85,559/10g
On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 504 or 0.59 per cent at Rs 85,559 per 10 grams in a business turnover of 15,912 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.62 per cent to USD 2,914.46 per ounce in New York.
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