Gold prices in India surged by Rs 36 on Wednesday, reaching Rs 62,203 per 10 grams in futures trading, driven by strong spot demand and fresh positions by speculators.
New Delhi, Feb 21 (PTI) Gold prices on Wednesday jumped Rs 36 to Rs 62,203 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher Rs 36, or 0.06 per cent, at Rs 62,203 per 10 grams in a business turnover of 13,491 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.01 per cent to USD 2,040 per ounce in New York.
Rediff.com » Market News » Gold Futures Rise in India: Prices Jump to Rs 62,203/10 gm - PTI
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