Gold prices in India rose on Wednesday, driven by firm spot demand and increased positions by speculators. Global gold futures also saw an increase.
New Delhi, Nov 13 (PTI) Gold prices on Wednesday increased Rs 115 to Rs 75,016 per 10 grams in futures trade as speculators created positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 115 or 0.15 per cent at Rs 75,016 per 10 grams in a business turnover of 10,344 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.30 per cent to USD 2,606.31 per ounce in New York.
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