Gold Futures Surge: Price Hits Rs 76,294/10g - PTI
Gold prices in India rose by Rs 151 on Monday, reaching Rs 76,294 per 10 grams in futures trading due to strong spot demand and increased positions by speculators. Global gold futures also saw an increase.
Photograph: ANI Photo
New Delhi, Oct 7 (PTI) Gold prices on Monday increased Rs 151 to Rs 76,294 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 151 or 0.2 per cent at Rs 76,294 per 10 grams in a business turnover of 15,826 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.33 per cent to USD 2,676.70 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 151 or 0.2 per cent at Rs 76,294 per 10 grams in a business turnover of 15,826 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.33 per cent to USD 2,676.70 per ounce in New York.
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