Gold Futures Surge: Price Rises to Rs 92,811/10g
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Gold prices in India rose on Friday, driven by strong spot demand and increased speculation. Find out the latest gold futures price and global market trends.
New Delhi, May 2 (PTI) Gold prices on Friday rose Rs 472 to Rs 92,811 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 472 or 0.51 per cent at Rs 92,811 per 10 grams in a business turnover of 14,987 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.68 per cent to USD 3,261.31 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 472 or 0.51 per cent at Rs 92,811 per 10 grams in a business turnover of 14,987 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.68 per cent to USD 3,261.31 per ounce in New York.
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