Gold Futures Rise on Spot Demand
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Gold futures jump Rs 557 to Rs 1,02,025 per 10 grams on firm spot demand. October delivery up 0.55% on MCX.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Aug 8 (PTI) Gold prices on Friday jumped Rs 557 to Rs 1,02,025 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 557 or 0.55 per cent at Rs 1,02,025 per 10 grams in a business turnover of 16,929 ts.
Globally, Comex gold futures for December delivery fell 0.07 per cent to USD 3,393.97 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 557 or 0.55 per cent at Rs 1,02,025 per 10 grams in a business turnover of 16,929 ts.
Globally, Comex gold futures for December delivery fell 0.07 per cent to USD 3,393.97 per ounce in New York.
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