Gold futures prices surge by Rs 771 to Rs 46,065 per 10 gram on domestic demand

Gold prices on Monday rose Rs 771 to Rs 46,065 per 10 gram in futures trade as speculators indulged in creating fresh positions on firm spot demand

Press Trust of India April 13, 2020 13:42:07 IST
Gold futures prices surge by Rs 771 to Rs 46,065 per 10 gram on domestic demand

New Delhi: Gold prices on Monday rose Rs 771 to Rs 46,065 per 10 gram in futures trade as speculators indulged in creating fresh positions on firm spot demand.

Gold futures prices surge by Rs 771 to Rs 46065 per 10 gram on domestic demand

Representative image. Reuters

On the Multi Commodity Exchange, gold contracts for June traded higher by Rs 771, or 1.7 percent, to Rs 46,065 per 10 gram in a business turnover of 17,577 lots.

The yellow metal for August delivery edged up by Rs 737, or 1.62 percent, to Rs 46,223 per 10 gram in a business turnover of 1,986 lots.

Fresh positions built up by participants on spot demand mainly led to rise in gold prices, analysts said.

Globally, gold prices fell 0.61 percent to $1,742.10 per ounce in New York.

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