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Goldplat plc

Gold futures up on spot demand

Gold prices on Tuesday rose by Rs 310 to Rs 47,336 per 10 gram in futures trade as speculators created fresh positions on firm spot demand.

On the Multi Commodity Exchange, gold contracts for August traded higher by Rs 310, or 0.66 per cent, to Rs 47,336 per 10 gram in a business turnover of 13,850 lots.

The yellow metal for October delivery edged up by Rs 303, or 0.64 per cent, to Rs 47,443 per 10 gram in a business turnover of 5,564 lots.

Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.