January 17, 2021

the multi commodity trade: Gold futures acquire on spot demand



New Delhi: Gold costs rose Rs 151 to Rs 51,470 per 10 gram in futures commerce on Monday as speculators created contemporary positions on agency spot demand. On the Multi Commodity Alternate, gold contracts for October supply traded increased by Rs 151, or 0.29 per cent, at Rs 51,470 per 10 gram in a enterprise turnover of 11,745 tons.

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

Within the worldwide market, gold traded 0.35 per cent increased at USD 1,954.80 per ounce in New York.