Gold Futures Rise on Spot Demand
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Gold futures increase in futures trade due to fresh positions and firm spot demand. April gold contracts rise on MCX.
New Delhi, Feb 19 (PTI) Gold prices on Thursday rose by Rs 365 to Rs 1,56,126 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 by Rs 365, or 0.23 per cent, at Rs 1,56,126 per 10 grams in a business turnover of 1,071 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.48 per cent to USD 5,001.54 per ounce in New York.PTI DR DR BAL
BAL
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On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 365, or 0.23 per cent, at Rs 1,56,126 per 10 grams in a business turnover of 1,071 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.48 per cent to USD 5,001.54 per ounce in New York.PTI DR DR BAL
BAL
BAL
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