Gold Futures Surge: Rs 546 Rise to Rs 86,456/10g
Gold prices in India rose by Rs 546 to Rs 86,456 per 10 grams on Thursday, driven by strong spot demand and speculative buying on the Multi Commodity Exchange.
Photograph: ANI Photo
New Delhi, Feb 20 (PTI) Gold prices on Thursday rose by Rs 546 to Rs 86,456 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 by Rs 546 or 0.64 per cent at Rs 86,456 per 10 grams in a business turnover of 15,831 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.39 per cent to USD 2,944.92 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 546 or 0.64 per cent at Rs 86,456 per 10 grams in a business turnover of 15,831 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.39 per cent to USD 2,944.92 per ounce in New York.
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