Russia invades Ukraine, gold price reaches highest level in a year
Gold prices on Thursday rose to Rs 51,811 per 10 grams in futures trade on fresh positions created by speculators on strong spot demand.
On the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 1,432.00, or 2.84 per cent, at Rs 51,811 per 10 grams, with a business turnover of 11,933 lots.
Analysts said fresh positions by participants led to the rise in gold prices.
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