AgenciesRelated
Gold prices rose by Rs 411 to Rs 50,715 per 10 gram in futures trade on Monday as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 411, or 0.82 per cent, at Rs 50,715 per 10 gram in a business turnover of 11,518 lots.
Fresh positions built up by participants led to the rise in gold prices, analysts said.
Globally, gold prices traded 0.61 per cent higher at USD 1,900.50 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 411, or 0.82 per cent, at Rs 50,715 per 10 gram in a business turnover of 11,518 lots.
Fresh positions built up by participants led to the rise in gold prices, analysts said.
Globally, gold prices traded 0.61 per cent higher at USD 1,900.50 per ounce in New York.
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