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BW Businessworld

Gold Futures Gain On Spot Demand

Gold contracts for October delivery traded higher by Rs 79, or 0.17 per cent, to Rs 46,155 per 10 gram in a business turnover of 9,252 lots.

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Gold prices on Friday rose by Rs 79 to Rs 46,155 per 10 gram in the futures trade, as speculators created fresh positions amid firming spot demand.

On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 79, or 0.17 per cent, to Rs 46,155 per 10 gram in a business turnover of 9,252 lots.

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

However, gold prices traded 0.33 per cent lower at USD 1,762.50 per ounce in New York. 

(PTI)


Tags assigned to this article:
gold prices gold demand trends