News Business As Russia attacks Ukraine, gold price surges to highest in a year

As Russia attacks Ukraine, gold price surges to highest in a year

On the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 1,432.00 or 2.84 per cent.

Russia Ukraine, Russia Ukraine News, Russia Ukraine Crisis News, Ukraine Crisis Live, Ukraine News t Image Source : PTI (FILE)As Russia attacks Ukraine, gold price surges to highest in a year 

As Gold prices on Thursday rose Rs 51,811 per 10 gram in the futures trade, as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 1,432.00 or 2.84 per cent, at Rs 51,811 per 10 grams in a business turnover of 11,933 lots.

Fresh positions built up by participants led to the rise in gold prices, analysts said. 

Also Read | Sensex, Nifty fall 3% each as Russia invades Ukraine

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