Delhi. Due to increase in spot demand, the price of gold in the futures market increased by Rs 890 to Rs 1,60,599 per 10 grams on Friday. On the Multi Commodity Exchange (MCX), gold contracts for delivery in April rose by Rs 890, or 0.56 per cent, to Rs 1,60,599 per 10 gram.

7,735 lots were traded in this. Analysts say gold prices increased due to new orders from participants. Globally, gold futures on Comex in New York rose 0.26 per cent to US $ 5,199.66 an ounce.

Silver price increased to Rs 2.67 lakh per kg

Amid new uncertainties regarding US trade policy, the price of silver rose by 3.17 percent to Rs 2.67 lakh per kg in futures trade on Wednesday. On the Multi Commodity Exchange (ACX), silver contracts for delivery in March rose by Rs 8,231, or 3.17 per cent, to Rs 2,67,900 per kg.

3,352 lots were traded in this. According to analysts, silver prices rose due to fresh buying by participants. In the overseas market, silver futures rose by US $ 1.82, or 2.06 per cent, to $ 90.11 an ounce in the Comex market.

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