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Gold futures achieve on spot demand

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Gold costs on Friday rose by Rs 76 to Rs 50,068 per 10 gram in futures commerce as speculators created contemporary positions on agency spot demand.

On the Multi Commodity Exchange, gold contracts for December supply traded larger by Rs 76, or 0.15 per cent, at Rs 50,068 per 10 gram in a enterprise turnover of 6,331 heaps.

Fresh positions constructed up by contributors led to the rise in gold costs, analysts stated.

Gold costs traded 0.22 per cent larger at USD 1,865.66 per ounce in New York.

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