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Gold futures up on spot demand


New Delhi. Attributable to robust spot demand, speculators purchased contemporary offers, as a consequence of which the gold worth rose by 136 rupees to Rs 50,381 per 100 grams within the futures market on Wednesday.

On the Multi Commodity Trade, December gold futures costs rose by Rs 136, ie 0.27 per cent to Rs 50,381 per 10 grams. The contract traded for 14,82 heaps.

Market analysts stated that purchasing of contemporary offers by merchants led to rise in gold costs. Gold in New York rose by 0.46 p.c to $ 1,903.40 an oz.. (Company)

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