Gold prices in India rose on Friday, driven by increased demand. The metal traded higher on the Multi Commodity Exchange (MCX), while global futures also saw an increase in prices.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Sep 6 (PTI) Gold prices on Friday rose Rs 104 to Rs 72,021 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher Rs 104 or 0.14 per cent at Rs 72,021 per 10 grams in a business turnover of 15,405 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.13 per cent to USD 2,546.40 per ounce in New York.
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