Gold Futures Rise on Spot Demand
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Gold futures increase in futures trade due to firm spot demand. October gold contracts rise on Multi Commodity Exchange.
New Delhi, Aug 7 (PTI) Gold prices on Thursday rose Rs 443 to Rs 1,01,705 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 443 or 0.44 per cent at Rs 1,01,705 per 10 grams in a business turnover of 15,481 lots.
Globally, Comex gold futures for December delivery rose 0.49 per cent to USD 3,385.98 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 443 or 0.44 per cent at Rs 1,01,705 per 10 grams in a business turnover of 15,481 lots.
Globally, Comex gold futures for December delivery rose 0.49 per cent to USD 3,385.98 per ounce in New York.
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