Gold prices climbed Rs 464 to Rs 72,018 per 10 grams in futures trading on Wednesday, driven by strong spot demand and fresh positions by speculators. Global gold futures also saw an increase.
New Delhi, Jul 3 (PTI) Gold prices on Wednesday rose Rs 464 to Rs 72,018 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 464, or 0.65 per cent, at Rs 72,018 per 10 grams in a business turnover of 14,142 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.53 per cent to USD 2,345.70 per ounce in New York.
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