Gold prices rose by Rs 380 on Wednesday to reach Rs 76,740 per 10 grams in futures trade, driven by strong spot demand and increased speculation. Read more.
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New Delhi, Oct 16 (PTI) Gold prices on Wednesday increased Rs 380 to Rs 76,740 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 380 or 0.5 per cent at Rs 76,740 per 10 grams in a business turnover of 14,873 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures decreased 0.53 per cent to USD 2,676.57 per ounce in New York.
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