Gold Futures Rise to ₹98,160/10g
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Gold prices surge ₹441 in futures trade, reaching ₹98,160 per 10 grams due to increased speculator activity and firm spot demand. Global gold futures also see a rise.
Photograph: ANI Photo
New Delhi, Jun 4 (PTI) Gold prices on Wednesday increased Rs 441 to Rs 98,160 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher by Rs 441 or 0.45 per cent at Rs 98,160 per 10 grams in a business turnover of 16,392 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.20 per cent to USD 3,360.27 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher by Rs 441 or 0.45 per cent at Rs 98,160 per 10 grams in a business turnover of 16,392 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.20 per cent to USD 3,360.27 per ounce in New York.
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