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On the Multi Commodity Exchange (MCX), 24-carat gold April futures rose by 0.21 per cent, touching Rs 86,875 per 10 grams. The surge in gold prices is mainly driven by global instability
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On the Multi Commodity Exchange, September silver contracts rose by Rs 682, or 0.85%, to Rs 81,225 per kg in 28,366 lots. Analysts attributed the price increase to new positions taken by participants in response to a positive domestic trend.
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On the Multi Commodity Exchange, October gold contracts rose by Rs 87, or 0.12%, to Rs 69,982 per 10 grams, with a turnover of 17,282 lots. Analysts noted that the price increase was driven by new positions taken by participants.
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At 11:30 a.m., gold futures maturing on June 5, 2024, were priced at Rs 72,302 per 10 grams on the MCX, marking a Rs 541 rise from Friday's closing of Rs 71,843.
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Futures trading was closed in the first half of day on account of the Mahashivratri holiday.
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On the Multi Commodity Exchange, gold contracts for April delivery traded higher Rs 184, or 0.28 per cent, at Rs 65,590 per 10 grams in a business turnover of 17,430 lots.
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Fresh positions built up by participants led to the rise in gold prices, analysts said.
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On the Multi Commodity Exchange, crude oil for October delivery fell Rs 14 or 0.2 per cent to Rs 7,050 per barrel with a business volume of 11,845 lots.
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On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 94 or 0.16 per cent at Rs 58,189 per 10 grams in a business turnover of 14,708 lots.
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Gold price on Friday rose Rs 150 to Rs 58,738 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
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Gold prices remained flat at Rs 60,000 per 10 grams in the national capital on Tuesday, according to HDFC Securities.
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On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 95 or 0.16 per cent to Rs 58,993 per 10 grams in a business turnover of 11,994 lots.
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Silver futures on Wednesday dropped Rs 165 to Rs 73,280 per kilogram as participants reduced their bets.
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Gold price rose Rs 79 to Rs 59,345 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
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Analysts attributed the fall in gold prices to the trimming of positions by participants.
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On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 138 or 0.19 per cent to Rs 73,430 per kg in a business turnover of 7,628 lots.
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Silver futures on Thursday dropped Rs 447 to Rs 73,557 per kilogram as participants reduced their bets.
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Silver price on Tuesday climbed Rs 178 to Rs 71,840 per kilogram in futures trade as participants widened their bets on a firm spot demand.
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Gold price on Tuesday increased Rs 131 to Rs 58,621 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
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On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 166 or 0.28 per cent to Rs 58,515 per 10 grams in a business turnover of 13,537 lots.