Gold Futures Rise in India: Price Hits Rs 68,975 per 10gm
By Rediff Money Desk, New Delhi Aug 07, 2024 14:21
Gold futures prices in India rose by Rs 10 to Rs 68,975 per 10 grams on Wednesday, driven by strong spot demand and fresh positions created by speculators. Global gold prices also saw a slight increase.
![Gold Futures Rise in India: Price Hits Rs 68,975 per 10gm](https://im.rediff.com/getahead/2023/oct/28gold1.jpg)
Photograph: ANI Photo
New Delhi, Aug 7 (PTI) Gold prices on Wednesday rose Rs 10 to Rs 68,975 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 10 or 0.01 per cent at Rs 68,975 per 10 grams in a business turnover of 18,223 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.06 per cent to USD 2,433.10 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher Rs 10 or 0.01 per cent at Rs 68,975 per 10 grams in a business turnover of 18,223 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.06 per cent to USD 2,433.10 per ounce in New York.
Source: PTI
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