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 MCX. Comex gold futures also up.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Aug 14 (PTI) Gold prices on Thursday rose Rs 112 to Rs 1,00,297 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 112 or 0.11 per cent at Rs 1,00,297 per 10 grams in a business turnover of 13,099 lots.
Globally, Comex gold futures for December delivery rose 0.23 per cent to USD 3,363.64 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 112 or 0.11 per cent at Rs 1,00,297 per 10 grams in a business turnover of 13,099 lots.
Globally, Comex gold futures for December delivery rose 0.23 per cent to USD 3,363.64 per ounce in New York.
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