rediff.com

Gold Futures Rise on Spot Demand in India - PTI

Share on:

By Rediff Money Desk, New Delhi   Jan 13, 2025 13:33

Gold prices in India surged on Monday due to increased spot demand, while global futures experienced a slight decline. Learn more about the gold market trends.
Gold Futures Rise on Spot Demand in India - PTI
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Jan 13 (PTI) Gold prices on Monday increased Rs 254 to Rs 78,677 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 254 or 0.32 per cent at Rs 78,677 per 10 grams in a business turnover of 10,967 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.

Globally, gold futures declined 0.08 per cent to USD 2,687.70 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.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!