Gold prices edged higher on Friday, driven by increased demand, reaching Rs 72,601 per 10 grams on the Multi Commodity Exchange. Global gold futures also saw an uptick.
New Delhi, Jun 21 (PTI) Gold prices on Friday marginally rose to Rs 72,601 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for August delivery traded marginally higher Rs 15, or 0.02 per cent, at Rs 72,601 per 10 grams in a business turnover of 15,393 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures increased 0.19 per cent to USD 2,373.40 per ounce in New York.
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