Gold Futures Rise on Strong Spot Demand - PTI
By Rediff Money Desk, New Delhi Dec 06, 2024 12:57
Gold prices rose in India's futures market on Friday due to firm spot demand. Globally, gold futures also gained in New York. Read more on PTI.
New Delhi, Dec 6 (PTI) Gold prices on Friday rose Rs 167 to Rs 76,643 per 10 grams in futures trade as speculators created positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 167 or 0.22 per cent at Rs 76,643 per 10 grams in a business turnover of 12,479 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.24 per cent to USD 2,637.99 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 167 or 0.22 per cent at Rs 76,643 per 10 grams in a business turnover of 12,479 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.24 per cent to USD 2,637.99 per ounce in New York.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.12 (+ 2.13)
- 64303795
- G G Engineering
- 1.51 ( -5.63)
- 28492226
- Guj. Toolroom Lt
- 15.37 (+ 4.99)
- 19678431
- Srestha Finvest
- 0.69 ( -1.43)
- 14826074
- AvanceTechnologies
- 0.80 ( -2.44)
- 14124154
MORE NEWS
Rs 1,800 Cr EV Park in Andhra Pradesh: People...
People Tech Enterprises to invest Rs 1,800 crore in a 1,200-acre EV park in Andhra...
India's Data Capacity to Quadruple by 2025: Trai
New undersea cables will boost India's data transmission capacity fourfold by 2025,...
Tech Mahindra Opens Manufacturing Experience...
Tech Mahindra launches a new Manufacturing Experience Centre in Chennai, offering...