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BW Businessworld

Gold Futures Gain On Spot Demand

Gold contracts for the October delivery traded higher by Rs 38, or 0.08 per cent, to Rs 46,000 per 10 grams in a business turnover of 13,877 lots.

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Gold prices on Wednesday rose Rs 38 to Rs 46,000 per 10 grams in the futures trade, as speculators created fresh positions amid firming spot demand.

On the Multi Commodity Exchange, gold contracts for the October delivery traded higher by Rs 38, or 0.08 per cent, to Rs 46,000 per 10 grams in a business turnover of 13,877 lots.

Fresh positions built up by participants led to the rise in gold prices, analysts said.

Gold prices traded 0.08 per cent higher at USD 1,733 per ounce in New York. 

(PTI)


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gold prices gold demand trends Covid 19