Gold Futures Surge: Prices Rise to Rs 72,644 per 10g - PTI
Gold futures on Wednesday climbed Rs 246 to Rs 72,644 per 10 grams on the Multi Commodity Exchange, driven by strong spot demand and fresh positions built by speculators.
New Delhi, Jul 10 (PTI) Gold prices on Wednesday jumped Rs 246 to Rs 72,644 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 246 or 0.34 per cent at Rs 72,644 per 10 grams in a business turnover of 12,591 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.36 per cent to USD 2,376.40 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 246 or 0.34 per cent at Rs 72,644 per 10 grams in a business turnover of 12,591 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.36 per cent to USD 2,376.40 per ounce in New York.
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