Gold futures rise on spot demand
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Gold prices on Tuesday increased Rs 144 to Rs 76,288 per 10 grams in futures trade as speculators created positions on a firm spot demand.
Gold prices on Tuesday increased Rs 144 to Rs 76,288 per 10 grams in futures trade as speculators created positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 144 or 0.19 per cent at Rs 76,288 per 10 grams in a business turnover of 12,750 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.25 per cent to USD 2,619.19 per ounce in New York.
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