Uncategorized

Market on Top: Gold And Silver Futures Rise Today

Gold price on Thursday increased by Rs 50 to Rs 57,265 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 50 or 0.09 per cent at Rs 57,265 per 10 grams in a business turnover of 16,442 lots. Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 0.14 per cent higher at USD 1,893.40 per ounce in New York.

Silver futures rise to Rs 67,642 per kg

Silver prices on Thursday marginally increased by Rs 9 to Rs 67,642 per kg in futures trade as participants widened their bets amid firm spot demand. On the Multi Commodity Exchange, silver contracts for March delivery marginally gained Rs 9 or 0.01 per cent to Rs 67,740 per kg in 14,737 lots. Analysts said the rise in silver prices was mainly due to fresh positions built up by participants amid a positive trend in the market. Globally, silver was trading 0.29 per cent higher at USD 22.49 per ounce in New York

Also read: Nokia Likely To Extend Production Of Fibre Broadband Equipment In India

Shruti Chaturvedi

Recent Posts

Gautam Adani Hails Puri Lifeguards As Unsung Heroes During Rath Yatra Visit

Gautam Adani, Chairman of the Adani Group, visited Puri in Odisha during the annual Rath…

3 hours ago

Acharya Pramod Krishnam Slams Congress Over ‘Internal Emergency’ Allegation

Acharya Pramod Krishnam, stirred political debate by claiming an 'internal emergency' still exists within the…

3 hours ago

MRM Meeting: Pledge for Global Peace, Green India, De-addiction & Democratic Integrity

Taking a crucial step toward positive transformation, social reform, and global peace, the Muslim Rashtriya…

3 hours ago

India To Host 2029 World Police & Fire Games; Amit Shah Hails Global Recognition

India has been chosen to host the prestigious 2029 World Police and Fire Games in…

4 hours ago

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

6 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

7 hours ago