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BW Businessworld

Gold Futures Gain On Spot Demand

Gold contracts for the December delivery traded higher by Rs 96, or 0.21 per cent, to Rs 46,175 per 10 gram in a business turnover of 841 lots.

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Gold prices on Monday rose Rs 96 to Rs 46,175 per 10 gram in the futures trade, as speculators created fresh positions amid firming spot demand.

On the Multi Commodity Exchange, gold contracts for the December delivery traded higher by Rs 96, or 0.21 per cent, to Rs 46,175 per 10 gram in a business turnover of 841 lots.

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

Gold prices traded 0.29 per cent higher at USD 1,756.70 per ounce in New York. 

(PTI)


Tags assigned to this article:
gold prices Spot Demand