Gold Futures Rise to Rs 93,435/10g on Strong Demand
x
Gold prices surged in India's futures market, driven by firm spot demand, while global prices dipped slightly. Learn more about the gold market trends.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, May 16 (PTI) Gold prices on Friday rose Rs 266 to Rs 93,435 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 266 or 0.29 per cent at Rs 93,435 per 10 grams in a business turnover of 11,318 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures decreased 0.45 per cent to USD 3,225.66 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 266 or 0.29 per cent at Rs 93,435 per 10 grams in a business turnover of 11,318 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures decreased 0.45 per cent to USD 3,225.66 per ounce in New York.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- KBC Global
- 0.58 ( -9.38)
- 75496759
- Enbee Trade & Fi
- 0.94 (+ 4.44)
- 51176636
- Vodafone Idea L
- 6.56 ( -0.76)
- 38744095
- Pradhin
- 0.37 (+ 8.82)
- 37543784
- Sunshine Capital
- 0.37 (+ 2.78)
- 28170643
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback