May 12, 2021

Gold futures transfer greater on spot demand

NEW DELHI: Gold costs on Tuesday rose by Rs 154 to Rs 45,503 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 greater by Rs 154, or 0.34 per cent, at Rs 45,503 per 10 gram in a enterprise turnover of 12,346 tons.

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

Gold costs traded 0.25 per cent greater at USD 1,733.20 per ounce in New York.