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Gold Futures Surge: Prices Jump Rs 152 to Rs 62,230/10 gm

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By Rediff Money Desk, NEWDELHI   Feb 13, 2024 13:53

Gold futures prices rose by Rs 152 on Tuesday to Rs 62,230 per 10 grams in futures trade, fueled by strong spot demand and increased speculative positions. Global gold futures also saw a rise.
Gold Futures Surge: Prices Jump Rs 152 to Rs 62,230/10 gm
New Delhi, Feb 13 (PTI) Gold prices on Tuesday jumped Rs 152 to Rs 62,230 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 152, or 0.24 per cent, at Rs 62,230 per 10 grams in a business turnover of 13,544 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.

Globally, gold futures increased 0.31 per cent to USD 2,039.20 per ounce in New York.
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