Gold Futures Rise to Rs 75,718/10g
Gold prices surged in India's futures market on Tuesday, reaching Rs 75,718 per 10 grams driven by strong spot demand and speculative buying.
Photograph: ANI Photo
New Delhi, Oct 1 (PTI) Gold prices on Tuesday increased Rs 107 to Rs 75,718 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 107 or 0.14 per cent at Rs 75,718 per 10 grams in a business turnover of 423 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures declined 0.34 per cent to USD 2,643 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 107 or 0.14 per cent at Rs 75,718 per 10 grams in a business turnover of 423 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures declined 0.34 per cent to USD 2,643 per ounce in New York.
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