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Gold Futures Surge: Prices Rise Rs 269 to Rs 72,012/10g

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By Rediff Money Desk, New Delhi   Aug 29, 2024 12:37

Gold futures climbed Rs 269 to Rs 72,012 per 10 grams on Thursday, driven by increased demand and speculative buying. Global gold prices also saw gains.
Gold Futures Surge: Prices Rise Rs 269 to Rs 72,012/10g
New Delhi, Aug 29 (PTI) Gold prices on Thursday rose Rs 269 to Rs 72,012 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for October delivery traded higher Rs 269 or 0.37 per cent at Rs 72,012 per 10 grams in a business turnover of 16,579 lots.

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

Globally, gold futures increased 0.61 per cent to USD 2,553.20 per ounce in New York.
Source: PTI
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