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New Delhi, Jan 11 (PTI) Gold prices on Tuesday rose Rs 103 to Rs 47,558 per 10 grams in the futures trade as speculators created fresh positions amid a firm spot demand.

On the Multi Commodity Exchange, gold contracts for the February delivery traded higher by Rs 103, or 0.22 per cent, to Rs 47,558 per 10 grams in a business turnover of 7,468 lots.

Participants created fresh positions, leading to a rise in gold futures, analysts said.

Globally, gold prices traded 0.52 per cent higher at USD 1,808.10 per ounce in New York. PTI RUJ HRS hrs

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