Gold prices jumped Rs 267 in futures trade on Friday, hitting Rs 76,511 per 10 grams, driven by firm spot demand and fresh positions by speculators. Globally, gold futures also rose in New York.
Photograph: ANI Photo
New Delhi, Oct 4 (PTI) Gold prices on Friday increased Rs 267 to Rs 76,511 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 267 or 0.35 per cent at Rs 76,511 per 10 grams in a business turnover of 792 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.39 per cent to USD 2,666 per ounce in New York.
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