Gold Futures Rise on Spot Demand - PTI

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Dec 18, 2024 13:02

Gold prices in India rose on Wednesday due to strong spot demand, while global futures dipped slightly. Learn more about the gold market.
Gold Futures Rise on Spot Demand - PTI
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Dec 18 (PTI) Gold prices on Wednesday increased Rs 33 to Rs 76,904 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 33 or 0.04 per cent at Rs 76,904 per 10 grams in a business turnover of 12,995 lots.

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

Globally, gold futures declined marginally to USD 2,646.47 per ounce in New York.
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