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

Acharya Pramod Backs Shashi Tharoor While Criticising Opposition

Acharya Pramod Krishnam, the Peethadheeshwar of Kalki Dham in Sambhal, has lauded Congress MP Shashi…

3 hours ago

Stress & Weight Gain: Strategies To Stay Calm & Fit

Explore how stress contributes to weight gain and discover effective strategies to stay calm, manage…

6 hours ago

Tom Cruise Wants To Make A Bollywood Film; Says Indian Cinema Is ‘So Beautiful’

Hollywood star Tom Cruise, promoting Mission: Impossible – The Final Reckoning, expressed his admiration for…

6 hours ago

Amit Shah Hails Neeraj Chopra’s New National Record At Doha Diamond League

Union Home Minister Amit Shah congratulated javelin star Neeraj Chopra for his record-breaking performance at…

6 hours ago

Synthetic Truth: How AI Deepfakes Are Reshaping Reality

Deepfakes powered by AI are blurring the line between truth & fabrication, raising concerns over…

7 hours ago

Silent Killer Hypertension Hits 294 Million In Southeast Asia; Warns WHO

The World Health Organization has warned that hypertension affects more than 294 million people across…

7 hours ago