NEW DELHI, March 20 -- Gold prices jumped by Rs 1,914 to Rs 1.46 lakh per 10 grams in futures trade on Friday, tracking firm global trends amid easing geopolitical tensions in West Asia.
On the Multi Commodity Exchange, the yellow metal for April delivery increased by Rs 1,914, or 1.32 per cent, to Rs 1,46,868 per 10 grams.
Analysts said the recovery in gold prices was supported by improving market sentiment following signs of easing tensions in West Asia.
The recovery in gold prices was supported by easing geopolitical concerns, as recent statements from the US and Israel indicated a reduced risk of further disruptions to critical Middle Eastern energy infrastructure, Renisha Chainani, Head of Research at Augmont, said.
She added that ...