Gold Futures Rise to Rs 62,038/10 gm - Latest News
By Rediff Money Desk, NEWDELHI Feb 20, 2024 14:10
Gold prices in India surged on Tuesday, driven by strong demand and gains in global markets. Find out the latest gold futures price and market analysis.
New Delhi, Feb 20 (PTI) Gold prices on Tuesday jumped Rs 34 to Rs 62,038 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 34, or 0.05 per cent, at Rs 62,038 per 10 grams in a business turnover of 13,387 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.45 per cent to USD 2,033.30 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher Rs 34, or 0.05 per cent, at Rs 62,038 per 10 grams in a business turnover of 13,387 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.45 per cent to USD 2,033.30 per ounce in New York.
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