Gold Futures Rise in India: Price Hits Rs 75,090/10g
By Rediff Money Desk, New Delhi Oct 10, 2024 14:56
Gold futures prices in India rose on Thursday, driven by strong spot demand and increased speculation. The December contract on the Multi Commodity Exchange closed at Rs 75,090 per 10 grams.
New Delhi, Oct 10 (PTI) Gold prices on Thursday increased Rs 156 to Rs 75,090 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 156 or 0.21 per cent at Rs 75,090 per 10 grams in a business turnover of 14,216 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.31 per cent to USD 2,615 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 156 or 0.21 per cent at Rs 75,090 per 10 grams in a business turnover of 14,216 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.31 per cent to USD 2,615 per ounce in New York.
Source: PTI
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
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.89 ( 0.00)
- 69758135
- Standard Capital
- 1.26 ( -16.00)
- 55792425
- GTL Infrastructure
- 2.37 (+ 4.87)
- 50169700
- Vodafone Idea L
- 9.18 ( -1.50)
- 27130818
- Jaiprakash Power Ven
- 22.33 ( -2.45)
- 21183721
MORE NEWS
Amul Ice Cream Tampering Video Resurfaces:...
GCMMF has denied allegations of tampering with Amul ice cream after an old video...
Indo-European Relations: Convergence of Values...
FEBI President Remi Maillard highlights the strong Indo-European relationship driven by...
Srinivas Appointed CEO of GeM Public...
L Satya Srinivas, Additional Secretary in Department of Commerce, has been given the...