Gold futures gain on spot demand

·1-min read

New Delhi, Jul 13 (PTI) Gold prices on Tuesday rose by Rs 41 to Rs 47,815 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 August delivery traded higher by Rs 41, or 0.09 per cent, at Rs 47,815 per 10 gram in a business turnover of 8,610 lots.

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

Gold prices traded 0.07 per cent higher at USD 1,807.10 per ounce in New York. PTI SHW ANU ANU

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