India, March 17 -- Gold prices rose by Rs 922 to Rs 1.56 lakh per 10 grams in futures trade on Tuesday, snapping a three-day losing streak amid ongoing geopolitical tensions in West Asia.
On the Multi Commodity Exchange, April delivery contracts gained Rs 922, or 0.59 per cent, to Rs 1,56,658 per 10 grams, with a turnover of 7,761 lots.
Market analysts said the uptick in gold prices was supported by safe-haven demand due to geopolitical uncertainties, along with expectations of a potential rate cut by the US Federal Reserve.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....