Gold futures up as demand picks up
26/12/2017
26/12/2017 11:56
Gold prices went up in the domestic market on Tuesday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets.
Market analysts attributed the rise in gold futures to fresh bets created by participants on the back of rising demand at the domestic spot market.
At the MCX, gold futures for February 2018 contract is trading at Rs 28750 per 10 grams, up by 0.34 per cent, after opening at Rs 28676, against a previous close of Rs 28653. It touched the intra-day high of Rs 28770 (at 12:00 hours).
26/12/2017
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Gold futures up as demand picks up26/12/2017 11:56
Gold prices went up in the domestic market on Tuesday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets.
Market analysts attributed the rise in gold futures to fresh bets created by participants on the back of rising demand at the domestic spot market.
At the MCX, gold futures for February 2018 contract is trading at Rs 28750 per 10 grams, up by 0.34 per cent, after opening at Rs 28676, against a previous close of Rs 28653. It touched the intra-day high of Rs 28770 (at 12:00 hours).
