Gold prices in India rose slightly on Wednesday due to increased demand and speculative trading. Global gold futures also saw a modest increase in New York.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Dec 4 (PTI) Gold prices on Wednesday rose marginally by Rs 37 to Rs 76,940 per 10 grams in futures trade as speculators created positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 37 or 0.05 per cent at Rs 76,940 per 10 grams in a business turnover of 12,338 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.12 per cent to USD 2,646.77 per ounce in New York.
Home » Market News » Gold Futures Rise on Firm Spot Demand - PTI
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