Gold futures rose Rs 132 to Rs 62,281 per 10 grams on Tuesday, driven by strong spot demand and increased investor interest. Global gold prices also climbed, reaching USD 2,044.30 per ounce in New York.
Photograph: Arnd Wiegmann/Reuters
New Delhi, Feb 27 (PTI) Gold prices on Tuesday jumped Rs 132 to Rs 62,281 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher Rs 132, or 0.21 per cent, at Rs 62,281 per 10 grams in a business turnover of 13,061 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.26 per cent to USD 2,044.30 per ounce in New York.
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