Gold Futures Surge: Prices Rise to Rs 69,160/10g
By Rediff Money Desk, NEWDELHI Apr 03, 2024 15:32
Gold futures on MCX rose by Rs 232 to Rs 69,160 per 10 grams on Wednesday, driven by firm spot demand and speculation. Global gold prices also increased.
![Gold Futures Surge: Prices Rise to Rs 69,160/10g](https://im.rediff.com/money/2023/nov/22nov-gold.jpg)
Photograph: Arnd Wiegmann/Reuters
New Delhi, Apr 3 (PTI) Gold prices on Wednesday rose Rs 232 to Rs 69,160 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher Rs 232 or 0.34 per cent at Rs 69,160 per 10 grams in a business turnover of 24,335 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.50 per cent to USD 2,293.20 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher Rs 232 or 0.34 per cent at Rs 69,160 per 10 grams in a business turnover of 24,335 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.50 per cent to USD 2,293.20 per ounce in New York.
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