Futures Rebound On Renewed Speculation

Gold futures increased Rs267 to Rs76,511 per 10 grams as speculators created fresh positions on a firm spot demand. Silver futures rose Rs343 to Rs93,321 per kilogram as participants widened their bets on a firm spot demand.

On Multi Commodity Exchange (MCX), gold contracts for December delivery traded higher by Rs267 or 0.35 per cent at Rs76,511 per 10 grams in a business turnover of 792 lots.