Gold Futures Rise to Rs 67,790/10gm: MCX Trading | News
Gold prices surged Rs 328 to Rs 67,790 per 10 grams on the MCX, driven by strong spot demand and increased speculation. Global gold futures also saw a rise.
Photograph: ANI Photo
New Delhi, Jul 26 (PTI) Gold prices on Friday rose Rs 328 to Rs 67,790 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 Rs 328 or 0.49 per cent at Rs 67,790 per 10 grams in a business turnover of 6,050 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.70 per cent to USD 2,416.70 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 328 or 0.49 per cent at Rs 67,790 per 10 grams in a business turnover of 6,050 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.70 per cent to USD 2,416.70 per ounce in New York.
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