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MCX Gold Futures Prices Up on Fresh Buying – Gold Silver Reports

Gold prices rose by Rs 75 to Rs 34,250 per 10 gram in futures trade Friday as participants created fresh positions, tracking a firm trend overseas.

The gold for delivery in October also rose by Rs 84, or 0.24 per cent, to Rs 34,465 per 10 gram in 2,803 lots.

Read More : Gold Price Today: सोने की कीमतों में आया उछाल – Gold Silver Reports (GSR)

Market analysts said the rise in gold prices at futures trade was mostly due to widening of positions by participants in domestic markets.

Globally, the gold was trading a shade higher by 0.28 per cent at USD 1,416 an ounce in New York.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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