Gold price today: On Thursday, rates rose by Rs 678 to Rs 47,304 in futures trade
The yellow metal for October delivery edged up by Rs 657, or 1.4 per cent, to Rs 47,468 per 10 gram in a business turnover of 5,489 lots. Fresh positions built up by participants mainly led to the rise in gold prices, analysts said. Gold prices traded up by 1.30 per cent at USD 1,743.10 per ounce in New York.
Gold price today, on Thursday, rose by Rs 678 to Rs 47,304 per 10 gram in futures trade as speculators created fresh positions on firm spot demand. On the Multi Commodity Exchange, gold contracts for August traded higher by Rs 678, or 1.45 per cent, to Rs 47,304 per 10 gram in a business turnover of 14,433 lots.
The yellow metal for October delivery edged up by Rs 657, or 1.4 per cent, to Rs 47,468 per 10 gram in a business turnover of 5,489 lots.
Fresh positions built up by participants mainly led to the rise in gold prices, analysts said.
Gold prices traded up by 1.30 per cent at USD 1,743.10 per ounce in New York.
Silver futures jump on firm demand
Silver prices on Thursday advanced 1.81 per cent to Rs 48,953 per kg in futures trade as participants widened their bets on firm spot demand.
On the Multi Commodity Exchange, silver contracts for July delivery gained Rs 869, or 1.81 per cent, to Rs 48,953 per kg in 11,821 lots.
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Similarly, the white metal for September delivery was trading higher by Rs 823, or 1.68 per cent, at Rs 49,731 per kg in 1,618 lots.
In the international market, silver was quoting 1.37 per cent higher at USD 18.04 per ounce in New York.
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