Gold futures gain on spot demand

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New Delhi, Feb 16 (PTI) Gold prices on Tuesday rose Rs 132 to Rs 47,373 per 10 gram in the futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 132, or 0.28 per cent, at Rs 47,373 per 10 gram in a business turnover of 12,472 lots.

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

However, Gold prices traded 0.18 per cent lower at USD 1,819.90 per ounce in New York. PTI SHW HRS hrs