Gold Futures Rise in India: Up Rs 76 to Rs 70,775/10g - PTI
By Rediff Money Desk, New Delhi Aug 14, 2024 13:11
Gold futures prices climbed Rs 76 to Rs 70,775 per 10 grams on Wednesday in India, driven by strong spot demand and fresh positions by speculators. Global gold futures saw a slight decrease.
![Gold Futures Rise in India: Up Rs 76 to Rs 70,775/10g - PTI](https://im.rediff.com/money/2019/jan/30gold.jpg)
New Delhi, Aug 14 (PTI) Gold prices on Wednesday rose Rs 76 to Rs 70,775 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 76 or 0.11 per cent at Rs 70,775 per 10 grams in a business turnover of 17,397 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures decreased 0.07 per cent to USD 2,506 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher Rs 76 or 0.11 per cent at Rs 70,775 per 10 grams in a business turnover of 17,397 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures decreased 0.07 per cent to USD 2,506 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
- GTL Infrastructure
- 2.74 (+ 2.62)
- 84886833
- Srestha Finvest
- 2.24 (+ 4.67)
- 34707853
- Ola Electric Mobilit
- 132.76 (+ 19.99)
- 27685743
- Suzlon Energy Ltd.
- 79.93 (+ 4.10)
- 27308498
- IFL Enterprises
- 1.22 (+ 4.27)
- 24757806
MORE NEWS
![Sebi Eases...](https://im.rediff.com/80-80/money/2024/aug/10sebi1.jpg)
Sebi Eases Compliance for Listed NCDs - New...
Sebi proposes amendments to simplify compliance requirements for entities with listed...
![Chandrasekaran:...](https://im.rediff.com/80-80/news/2018/jan/04modi.jpg)
Chandrasekaran: Learn From Indian Wisdom &...
Tata Group Chairman N Chandrasekaran emphasizes the importance of learning from Indian...
JSW Cement Files IPO Papers to Raise Rs 4,000...
JSW Cement has filed draft papers with Sebi for an IPO to raise Rs 4,000 crore. The IPO...