Gold futures rise Rs 695 to Rs 87,623/10g

Gold futures rise Rs 695 to Rs 87,623/10g
Women shop for at jewelry at a jewelry shop in Thiruvananthapuram, Kerala, India. (Photo: Getty Image)

New Delhi, Apr 8 (PTI) Gold prices on Tuesday rose Rs 695 to Rs 87,623 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 695 or 0.8 per cent at Rs 87,623 per 10 grams in a business turnover of 14,966 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.

Globally, gold futures increased 0.67 per cent to USD 3,003.41 per ounce in New York.

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T.K.B. Sen

Journalist, media worker, reporter and analyst

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