December 3, 2020

Gold costs: Gold futures achieve on spot demand



New Delhi: Gold costs on Wednesday rose by Rs 198 to Rs 51,108 per 10 gram in futures commerce as speculators created recent positions on agency spot demand. On the Multi Commodity Change, gold contracts for December supply traded larger by Rs 198, or 0.39 per cent, at Rs 51,108 per 10 gram in a enterprise turnover of 14,125 heaps.

Contemporary positions constructed up by individuals led to the rise in gold costs, analysts stated.

Gold costs traded 0.48 per cent larger at USD 1,924.50 per ounce in New York.