The Economic Times
English EditionEnglish Editionहिंदी संस्करण
| E-Paper
Search
+

    Gold futures gain on spot demand

    Synopsis

    On Multi Commodity Exchange, gold contracts for the April delivery traded 0.31% higher at Rs 44,785 per 10 grams.

    Agencies
    Speculators created fresh positions on firm spot demand.
    NEW DELHI: Gold prices on Wednesday rose by Rs 139 to Rs 44,785 per 10 grams in the futures trade as speculators created fresh positions on a firm spot demand.

    On the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 139, or 0.31 per cent, at Rs 44,785 per 10 grams in a business turnover of 7,741 lots.

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

    Gold prices traded 0.14 per cent higher at USD 1,729.90 per ounce in New York.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    The Economic Times

    Stories you might be interested in