Gold Futures Rise in India: Price Hits Rs 69,982/10g
Gold futures prices in India rose on Monday, driven by firm spot demand and fresh positions from speculators. Global gold futures also saw a slight increase.
Photograph: ANI Photo
New Delhi, Aug 12 (PTI) Gold prices on Monday rose Rs 87 to Rs 69,982 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 87 or 0.12 per cent at Rs 69,982 per 10 grams in a business turnover of 17,282 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 2,475.60 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher Rs 87 or 0.12 per cent at Rs 69,982 per 10 grams in a business turnover of 17,282 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 2,475.60 per ounce in New York.
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