NEW DELHI: Gold prices rose to a record high by adding Rs 68 to Rs 20,063 per ten gram at the futures trading on Tuesday, as speculators enlarged their positions, triggered by a firming trend overseas.
At the Multi Commodity Exchange counter, June contract rose Rs 66 or 0.34 per cent to a record high of Rs 20,063 per ten gram in single lot. Similarly, December contract traded higher by Rs 16 or 0.08 per cent to Rs 19,685 per ten gram with a business tu rnover of two lots.
Marketmen said the precious metal rose to a record high in the futures market as speculators enlarged their positions in tandem with a firming global trend.
Meanwhile, gold was up by $6.90 to $1,353.90 an ounce in New York on Monday. — PTI
