Gold Futures Surge: Rises Rs 302 to Rs 75,020/10g
By Rediff Money Desk, New Delhi Sep 30, 2024 12:57
Gold prices climbed in India's futures market on Monday, driven by strong spot demand. Global gold futures, however, saw a slight dip in New York.
New Delhi, Sep 30 (PTI) Gold prices on Monday increased Rs 302 to Rs 75,020 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 302 or 0.4 per cent at Rs 75,020 per 10 grams in a business turnover of 463 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures declined 0.15 per cent to USD 2,654 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 302 or 0.4 per cent at Rs 75,020 per 10 grams in a business turnover of 463 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures declined 0.15 per cent to USD 2,654 per ounce in New York.
Source: PTI
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