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BW Businessworld

Gold Futures Gain On Spot Demand

Gold contracts for October delivery traded higher by Rs 36, or 0.08 per cent, to Rs 46,674 per 10 gram in a business turnover of 6,988 lots.

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Gold prices on Wednesday gained Rs 36 to Rs 46,674 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 36, or 0.08 per cent, to Rs 46,674 per 10 gram in a business turnover of 6,988 lots.

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

However, gold prices traded 0.16 per cent lower at USD 1,775.40 per ounce in New York. 

(PTI)


Tags assigned to this article:
gold prices gold futures silver prices Spot Demand