Gold futures up on increasing demand
22/12/2017
22/12/2017 14:59
Gold prices went up in the domestic market on Friday 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 28524 per 10 grams, up by 0.08 per cent, after opening at Rs 28484, against a previous close of Rs 28501. It touched the intra-day high of Rs 28540 (at 15:02 hours).
22/12/2017
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Gold futures up on increasing demand22/12/2017 14:59
Gold prices went up in the domestic market on Friday 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 28524 per 10 grams, up by 0.08 per cent, after opening at Rs 28484, against a previous close of Rs 28501. It touched the intra-day high of Rs 28540 (at 15:02 hours).
