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Gold Futures Gain On Spot Demand
Gold contracts for the October delivery traded higher by Rs 68, or 0.14 per cent, at Rs 47,932 per 10 gram in a business turnover of 12,560 lots.
Photo Credit :
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Gold prices on Wednesday surged Rs 68 to Rs 47,932 per 10 gram in the futures trade, as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for the October delivery traded higher by Rs 68, or 0.14 per cent, at Rs 47,932 per 10 gram in a business turnover of 12,560 lots.
Fresh positions built up by participants led to the rise in gold prices, analysts said.
Gold prices traded 0.19 per cent higher at USD 1,817.50 per ounce in New York.
(PTI)