SignIn
Kerala Kaumudi Online
Thursday, 09 July 2020 8.33 PM IST

Gold futures surge on positive demand

gold-price

NEW DELHI: Gold prices on Friday rose by Rs 217 to Rs 46,871 per 10 gram in futures trade as speculators created fresh positions on firm spot demand.

On the Multi Commodity Exchange, gold contracts for June traded higher by Rs 217, or 0.47 per cent, to Rs 46,871 per 10 gram in a business turnover of 13,174 lots.

The yellow metal for August delivery edged up by Rs 210, or 0.45 per cent, to Rs 47,054 per 10 gram in a business turnover of 8,852 lots.

Fresh positions built up by participants mainly led to the rise in gold prices, analysts said.Globally, gold prices traded higher by 0.14 per cent at USD 1,743.30 per ounce in New York.

JOIN THE DISCUSSION
TAGS: GOLD PRICE, RECORD GOLD PRICE
KERALA KAUMUDI EPAPER
TRENDING IN INDIA
TRENDING IN INDIA
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.