Gold Futures Up On Spot Demand - Dollar Advisory | Best Commodity Tips Provider

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Gold Futures Up On Spot Demand

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Gold prices rose 0.57 percent to Rs 35,036 per 10 gram in futures trade Thursday as speculators built up fresh positions in domestic markets. On the Multi Commodity Exchange, gold for delivery in August contracts traded higher by Rs 197, or 0.57 percent, to Rs 35,036 per 10 gram in a business turnover of 18,207 lots. Analysts said the rise in gold prices was mostly on the back of fresh positions built up by the participants. However, a weak trend overseas limited the gains in gold futures. 

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