scorecardresearchGold futures gain ₹120 per 10 gram

Gold futures gain 120 per 10 gram

Updated: 08 Aug 2022, 02:26 PM IST
TL;DR.

On the Multi Commodity Exchange, gold contracts for October delivery traded higher by 120 or 0.23 per cent at 51,994 per 10 gram in a business turnover of 15,629 lots.

FILE PHOTO: Gold bars are displayed at a gold jewellery shop in the northern Indian city of Chandigarh May 8, 2012. REUTERS/Ajay Verma

FILE PHOTO: Gold bars are displayed at a gold jewellery shop in the northern Indian city of Chandigarh May 8, 2012. REUTERS/Ajay Verma

(PTI) Gold prices on Monday increased by 120 to 51,994 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for October delivery traded higher by 120 or 0.23 per cent at 51,994 per 10 gram in a business turnover of 15,629 lots.

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

Globally, gold was trading 2 per cent higher at USD 1,793,20 per ounce in New York.

First Published: 08 Aug 2022, 02:26 PM IST