Gold Futures Rise on Spot Demand - PTI
Gold prices in India rose on Thursday, driven by strong spot demand, while global futures saw a slight decline. Read more about the gold market trends.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Jan 16 (PTI) Gold prices on Thursday increased Rs 125 to Rs 78,835 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 125 or 0.16 per cent at Rs 78,835 per 10 grams in a business turnover of 10,402 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures declined 0.12 per cent to USD 2,692.96 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 125 or 0.16 per cent at Rs 78,835 per 10 grams in a business turnover of 10,402 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures declined 0.12 per cent to USD 2,692.96 per ounce in New York.
You May Like To Read
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback