Gold futures gain on spot demand

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New Delhi, Feb 22 (PTI) Gold prices on Monday rose by Rs 303 to Rs 46,500 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 303, or 0.66 per cent, to Rs 46,500 per 10 grams in a business turnover of 13,640 lots.

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

Gold prices traded 0.90 per cent higher at USD 1,793.40 per ounce in New York. PTI SHW RUJ RUJ