Gold prices in India jumped Rs 607 to Rs 77,163 per 10 grams on Friday, driven by strong spot demand and increased speculation. Global gold futures also saw a rise.
Photograph: ANI Photo
New Delhi, Nov 29 (PTI) Gold prices on Friday jumped Rs 607 to Rs 77,163 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 607 or 0.79 per cent at Rs 77,163 per 10 grams in a business turnover of 12,174 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.86 per cent to USD 2,660.73 per ounce in New York.
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