Gold prices climbed Rs 80 to Rs 64,542 per 10 grams in futures trade on Tuesday, fueled by strong spot demand and increased speculation. Global gold futures also saw an uptick.
New Delhi, Mar 5 (PTI) Gold prices on Tuesday jumped Rs 80 to Rs 64,542 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 80, or 0.12 per cent, at Rs 64,542 per 10 grams in a business turnover of 16,232 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.07 per cent to USD 2,127.70 per ounce in New York.
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