Gold Futures Rise on Spot Demand
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Gold futures jump Rs 501 to Rs 1,00,255 per 10 grams on spot demand. October delivery up 0.5% on MCX. Comex gold falls.
New Delhi, Aug 4 (PTI) Gold prices on Monday jumped Rs 501 to Rs 1,00,255 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 501 or 0.5 per cent at Rs 1,00,255 per 10 grams in a business turnover of 13,050 lots.
Globally, Comex gold futures for December delivery fell 0.20 per cent to USD 3,356.86 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 501 or 0.5 per cent at Rs 1,00,255 per 10 grams in a business turnover of 13,050 lots.
Globally, Comex gold futures for December delivery fell 0.20 per cent to USD 3,356.86 per ounce in New York.
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