Gold Futures Surge: Prices Rise Rs 507/10g
By Rediff Money Desk, New Delhi Oct 11, 2024 13:09
Gold futures prices on the Multi Commodity Exchange jumped Rs 507 to Rs 75,804/10g, driven by strong spot demand and fresh positions from speculators.
New Delhi, Oct 11 (PTI) Gold prices on Friday increased Rs 507 to Rs 75,804 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 507 or 0.67 per cent at Rs 75,804 per 10 grams in a business turnover of 14,256 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said. Gold futures increased 0.54 per cent to USD 2,643 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 507 or 0.67 per cent at Rs 75,804 per 10 grams in a business turnover of 14,256 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said. Gold futures increased 0.54 per cent to USD 2,643 per ounce in New York.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.89 ( 0.00)
- 69758135
- Standard Capital
- 1.26 ( -16.00)
- 55792425
- GTL Infrastructure
- 2.37 (+ 4.87)
- 50169700
- Vodafone Idea L
- 9.18 ( -1.50)
- 27130818
- Jaiprakash Power Ven
- 22.33 ( -2.45)
- 21183721
MORE NEWS
Amul Ice Cream Tampering Video Resurfaces:...
GCMMF has denied allegations of tampering with Amul ice cream after an old video...
Indo-European Relations: Convergence of Values...
FEBI President Remi Maillard highlights the strong Indo-European relationship driven by...
Srinivas Appointed CEO of GeM Public...
L Satya Srinivas, Additional Secretary in Department of Commerce, has been given the...