On the Multi-Commodity Exchange, gold contracts for August delivery traded up 56 rupees, or 0.11 percent, at 49,254 rupees per 10 grams on a business turnover of 11,559 lots.
Analysts believe that the new positions created by the participants have led to a rise in the price of gold.
The price of gold in New York rose 0.04% to $ 1897.10 an ounce. PTI SHW HRS hrs
Denial of responsibility: – This story has not been edited by Outlook staff and is automatically generated from news agency feeds. Source: PTI