Gold Futures Rise Rs 435 to Rs 77,128/10g
Gold prices surged in India's futures market on Friday, reaching Rs 77,128 per 10 grams, driven by strong spot demand and increased speculation. Globally, gold futures also climbed in New York.
Photograph: ANI Photo
New Delhi, Nov 22 (PTI) Gold prices on Friday increased Rs 435 to Rs 77,128 per 10 grams in futures trade as speculators created positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 435 or 0.57 per cent at Rs 77,128 per 10 grams in a business turnover of 6,968 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.70 per cent to USD 2,688.32 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 435 or 0.57 per cent at Rs 77,128 per 10 grams in a business turnover of 6,968 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.70 per cent to USD 2,688.32 per ounce in New York.
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