Gold futures gain on spot demand

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New Delhi, Apr 1 (PTI) Gold prices on Thursday rose by Rs 185 to Rs 45,120 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 185, or 0.41 per cent, at Rs 45,120 per 10 gram in a business turnover of 12189 lots.

Fresh positions built up by participants led to the rise in gold prices, analysts said.

Gold prices traded 0.05 per cent higher at USD 1,716.50 per ounce in New York. PTI AST SHW SHW