Gold Futures Surge: Price Hits Rs 68,438/10gm - PTI
By Rediff Money Desk, New Delhi Jul 29, 2024 13:58
Gold prices climbed Rs 252 to Rs 68,438 per 10 grams in futures trading on Monday, driven by strong spot demand and speculator activity. Global gold futures also saw a rise.
![Gold Futures Surge: Price Hits Rs 68,438/10gm - PTI](https://im.rediff.com/money/2017/aug/11gold.jpg)
New Delhi, Jul 29 (PTI) Gold prices on Monday rose Rs 252 to Rs 68,438 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 252 or 0.37 per cent at Rs 68,438 per 10 grams in a business turnover of 3,686 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.34 per cent to USD 2,436.20 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 252 or 0.37 per cent at Rs 68,438 per 10 grams in a business turnover of 3,686 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.34 per cent to USD 2,436.20 per ounce in New York.
Source: PTI
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