May 16, 2021

Gold futures rise marginally amid agency spot demand



NEW DELHI: Gold costs on Monday rose by Rs 13 to Rs 45,431 per 10 gram in futures commerce as speculators created recent positions on a agency spot demand.

On the Multi Commodity Alternate, gold contracts for June supply traded increased by Rs 13, or 0.03 per cent, at Rs 45,431 per 10 gram in a enterprise turnover of 12,456 tons.

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

Gold costs traded 0.03 per cent increased at USD 1,727.80 per ounce in New York.