May 12, 2021

Gold futures achieve on spot demand

Gold costs rose by Rs 18 to Rs 49,320 per 10 gram in futures commerce on Friday as speculators created contemporary positions on a agency spot demand.

On the Multi Commodity Change, gold contracts for December supply traded greater by Rs 18, or 0.04 per cent, at Rs 49,320 per 10 gram in a enterprise turnover of 12,108 tons.

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

Globally, gold costs traded 0.06 per cent greater at USD 1,842.20 per ounce in New York.