Gold prices surged in India on Wednesday, driven by strong spot demand and fresh positions in futures trading. Find out more about the gold market trends.
Photograph: ANI Photo
New Delhi, Jul 24 (PTI) Gold prices on Wednesday rose Rs 363 to Rs 68,873 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 363 or 0.53 per cent at Rs 68,873 per 10 grams in a business turnover of 10,851 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.41 per cent to USD 2,465.20 per ounce in New York.
Rediff.com » Market News » Gold Futures Rise in India: Price Hits Rs 68,873 per 10g - PTI
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