Kolkata: Just a day after suffering a dip, gold prices rebounded on Thursday, April 24. The spot demand for the yellow metal also pushed up prices in the futures segment with the price surging Rs 888 to Rs 95,610/10 grams. This price was recorded as speculators bought gold contracts for June on the Multi Commodity Exchange, gold contracts for June at that level. In the global markets, gold futures recorded a rise of 0.92 per cent to $3,318.47 per ounce in New York.

According to IBJA (India Bullion and Jewellers Association) the price of Gold 999 stood at Rs 96,075 on the morning of Thursday, April 24 — a good Rs 291 up from the comparable rate of Rs 95,784 om April 23. According to West Bengal Bullion Merchants & Jewellers Association, pur gold price was at Rs 96,500 on Thursday — a good Rs 550 higher than Rs 95,950 on Wednesday.

One of the possible reasons of gold........

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