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

Published: ,Updated:

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

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

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

Image Source : pti (file)

Highlights

  • Gold prices on Thursday rose Rs 51,811 per 10 gram in the futures trade.
  • Gold contracts for April delivery traded higher by Rs 1,432.00 or 2.84%, at Rs 51,811 per 10 gms.
  • Fresh positions built up by participants led to the rise in gold prices, analysts said.
New Delhi:

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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