3 weeks ago

Gold futures climb Rs 455 on firm spot demand

Gold futures climb Rs 455 on firm spot demand
Gold futures climb on spot demand · thehansindia.com

Gold is a shiny yellow metal that many people like to buy.

Its price can go up or down, just like the price of ice cream can change.

In India, the price of gold for future delivery went up.

It rose by 455 rupees for every 10 grams.

That means 10 grams of gold now cost about 1.52 lakh rupees.

People who trade gold thought more people would want to buy it soon.

They made new deals expecting the price to keep rising.

This made the price go higher in India.

In America, the gold price went down a little bit.

It fell to 4,334.53 dollars for one ounce.

Key facts

Price rise
Rs 455 per 10 grams
New price
Rs 1.52 lakh per 10 grams
Price change
+0.3%
Contract month
October
Traded volume
1,127 lots
Global price
$4,334.53 per ounce
Global change
-0.16%
Market driver
Fresh positions on firm spot demand

Sources

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