July 18, 2011 11:30 AM

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Gold prices soared by 0.23 per cent to Rs 23,125 per 10 grams in futures trade

Gold prices soared by 0.23 per cent to Rs 23,125 per 10 grams in futures trade on Monday. At the Multi Commodity Exchange, gold for delivery in the month of August gained Rs 54, or 0.23 per cent, to Rs 23,125 per 10 grams, with a business turnover of 296 lots. It had ended 0.34 per cent higher at Rs 23,071 per 10 grams in the previous session. Similarly, the metal for delivery in far-month October contracts also gained Rs 51, or 0.22 per cent, to Rs 23,410 per 10 grams, with an open interest of 32 lots. Meanwhile, gold rose by 0.30 per cent to a record high of USD 1,598.60 an ounce in Asian region on Monday, rising for the 11th straight session.

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