India, Aug. 24 -- Gold prices climbed Rs 1,283 to Rs 1,63,721 per 10 grams in futures trading on Monday, supported by firm spot demand and fresh position-building by market participants.
On the Multi Commodity Exchange (MCX), gold contracts for October delivery advanced Rs 1,283, or 0.79%, to Rs 1,63,721 per 10 grams, with a business turnover of 3,424 lots.
Analysts attributed the rise in gold futures to the creation of fresh positions by traders, which supported the precious metal's prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....