Gold prices on Thursday rose by ₹1,947 to ₹1,45,181 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
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On the Multi Commodity Exchange, the yellow metal contract for December delivery traded higher by ₹1,947, or 1.37 per cent, at ₹1,45,181 per 10 grams in a business turnover of 2,327 lots.
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Also Read: Gold and silver prices jump as US midterm results weaken dollar and Treasury yields
Fresh positions by market participants led to a rise in precious metal prices, analysts said.
Also Read: Gold rises as softer oil prices ease inflation concerns, Fed hike bets in focus
Gold futures rose 1.24 per cent to USD 4,110.88 per ounce in New York.
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