New Delhi, Dec 28 (PTI) Gold prices on Tuesday rose by Rs 128 to Rs 48,194 per 10 gram in futures trade as speculators created fresh positions amid firm spot demand.
On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 128, or 0.27 per cent, to Rs 48,194 per 10 gram in a business turnover of 8,737 lots.
Participants created fresh positions, leading to a rise in gold futures, analysts said. Globally, gold prices traded 0.33 per cent higher at USD 1,814.70 per ounce in New York. PTI RUJ MR MR