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Commodities

Indian Gold Prices Climb Rs 364 Amid Speculator Buying

Guavy AI Editorial Team
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Gold
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Gold prices in India's futures trade rose by Rs 364 to reach Rs 1,43,740 per 10 grams on Monday, August 3rd. This increase was driven by fresh positions created by speculators amid firm spot demand.

On the Multi Commodity Exchange (MCX), gold contracts for October delivery traded higher by Rs 364, or 0.25% at Rs 1,43,740 per 10 grams with a business turnover of 1,691 lots.

Analysts attributed this rise in precious metal prices to fresh positions built up by market participants. Globally, gold futures also rose by 0.33% to USD 4,059.48 per ounce in New York.

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