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.
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.
Rediff.com » Market News » Gold Futures Rise in India: Up Rs 76 to Rs 70,775/10g - 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.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback