global markets Gold prices on Monday rose by Rs 80 to Rs 60,660 per 10 grams in the national capital’s bullion market amid a firm trend in the prices of the precious metal. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 60,580 per 10 grams. Silver also spurted by Rs 260 to Rs 76,040 per kg. HDFC Securities Senior Analyst Saumil Gandhi said, “Spot gold prices rose by Rs 80 to Rs 60,660 per 10 grams in the Delhi market.”
boom in the international market
In the international market, gold rose sharply to $ 2,009 an ounce, while silver also advanced to $ 25.55 an ounce. Gold prices rose in Asian trade on Monday. Gandhi said that spot gold prices rose by 0.30 per cent to $2,009 an ounce in the Comex (commodity market).
Gold futures rise
Gold prices on Monday rose by Rs 208 to Rs 60,537 per 10 grams in futures trade as speculators created fresh positions due to strong demand in the spot market. On the Multi Commodity Exchange, the contracts for delivery in June rose by Rs 208, or 0.34 per cent, to Rs 60,537 per 10 grams. There was a turnover of 17,695 lots. Market analysts said gold futures traded higher in line with a firm trend in global markets. Globally, gold rose 0.47 per cent to USD 2,025.20 an ounce in New York. Silver prices on Monday rose by Rs 414 to Rs 76,091 per kg in futures trade as traders widened their positions amid strong demand in the spot market. On the Multi Commodity Exchange, silver for delivery in May traded higher by Rs 414, or 0.06 per cent, at Rs 76,091 per kg. There was a turnover of 13,363 lots.
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