NEW DELHI: Gold prices gained Rs 20 or 0.11 per cent to Rs 18,663 per ten gram at the futures trade on Wednesday, as speculators enlarged their positions on good demand in the spot market in view of festive season.
At the Multi Commodity Exchange counter, October contract gained Rs 20 or 0.11 per cent to Rs 18,663 per ten gram with an open interest of 19,663 lots. Similarly, December contract traded higher by a similar margin at Rs 18,779 per ten gram with a busine ss turnover of 2,669 lots.
Market analysts said positions enlarged by speculators on pick-up in demand in the spot market mainly led to a rise in gold prices at the futures trade. — PTI
