Gold Futures Rise on Spot Demand - PTI
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Gold prices in India rose on Thursday due to strong spot demand. Gold futures also gained in New York. Get the latest gold market updates here.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Apr 3 (PTI) Gold prices on Thursday rose Rs 234 to Rs 90,962 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 234 or 0.26 per cent at Rs 90,962 per 10 grams in a business turnover of 19,530 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.13 per cent to USD 3,131.11 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 234 or 0.26 per cent at Rs 90,962 per 10 grams in a business turnover of 19,530 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.13 per cent to USD 3,131.11 per ounce in New York.
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