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This is an archive article published on October 25, 2019

Gold futures up Rs 48 at Rs 38,400 per 10 gm

On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 48, or 0.13 per cent, at Rs 38,400 per 10 gram in 1,964 lots.

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Gold futures up, what is Gold price today, Gold rate today, Gold rate on dhanteras, market news, indian express Analysts said the rise in gold prices was mostly on the back of fresh positions built by participants on strong overseas trend.

Gold prices increased by Rs 48 to Rs 38,400 per 10 gram in futures trade on Friday as speculators widened their bets on spot demand in tandem with positive trend overseas.

Analysts said the rise in gold prices was mostly on the back of fresh positions built by participants on strong overseas trend.

On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 48, or 0.13 per cent, at Rs 38,400 per 10 gram in 1,964 lots.

Globally, gold price was quoting 0.13 per cent higher at USD 1,506.60 an ounce in New York.

 

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