Gold futures rise on spot demand, international cues


New Delhi, July 27

Gold costs on Monday rose by Rs 825 to Rs 51,860 per 10 gram in futures commerce as speculators created contemporary positions on agency spot demand.

On the Multi Commodity Exchange, gold contracts for August supply traded increased by Rs 825, or 1.62 per cent, at Rs 51,860 per 10 gram in a enterprise turnover of 5,048 heaps.

Fresh positions constructed up by contributors led to the rise in gold costs, analysts mentioned.

Gold costs traded 1.89 per cent increased at USD 1,961.60 per ounce in New York. PTI



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