New Delhi: Gold prices on Friday increased Rs 389 to Rs 77,496 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. During the day, gold futures hit an all-time high of Rs 77,667 per 10 grams.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 389 or 0.5 per cent at Rs 77,496 per 10 grams in a business turnover of 14,973 lots. Fresh positions built up by participants led to a rise in gold prices, analysts said. Globally, gold futures increased by 0.52 per cent to USD 2,706.81 per ounce in New York.
Silver futures rise on spot demand
Silver prices on Friday jumped Rs 956 to Rs 92,700 per kilogram as participants widened their bets on a firm spot demand. During the day, silver futures touched fresh all-time high of Rs 1,00,289 per kg.
On the Multi Commodity Exchange, silver contracts for December delivery increased by Rs 956 or 1.04 per cent to Rs 92,700 per kg in a business turnover of 33,690 lots. Globally, silver was trading 0.90 per cent higher at USD 31.98 per ounce in New York.
