Gold Futures Rise on Spot Demand
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Gold futures increase in trade due to firm spot demand. April contracts rise on Multi Commodity Exchange. Globally, gold futures also see gains.
New Delhi, Feb 13 (PTI) Gold prices on Friday rose Rs 1,044 to Rs 1,53,880 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher Rs 1,044 or 0.68 per cent at Rs 1,53,880 per 10 grams in a business turnover of 1,538 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.81 per cent to USD 4,962 per ounce in New York. PTI DR ANU
ANU
On the Multi Commodity Exchange, gold contracts for April delivery traded higher Rs 1,044 or 0.68 per cent at Rs 1,53,880 per 10 grams in a business turnover of 1,538 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.81 per cent to USD 4,962 per ounce in New York. PTI DR ANU
ANU
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