Gold futures rise Rs 623 to Rs 93,260/10g
Analysts said, Fresh positions built up by participants led to a rise in gold prices.
PTI
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PHOTO: PTI
New Delhi, 5 May
Gold prices on Monday
increased Rs 623 to Rs 93,260 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 623 or
0.67 per cent at Rs 93,260 per 10 grams in a business turnover of 14,933 lots.
Fresh positions built
up by participants led to a rise in gold prices, analysts said.
Globally, gold
futures increased 0.95 per cent to USD 3,274.20 per ounce in New York.
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