zerodha open demat account wide banner

New Delhi, Jan 14 (PTI) Gold prices on Friday rose Rs 235 to Rs 47,971 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 235, or 0.49 per cent, to Rs 47,971 per 10 grams in a business turnover of 6,043 lots.

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

Globally, gold prices traded 0.30 per cent lower at USD 1,826.90 per ounce in New York. PTI RUJ HRS hrs