Gold prices on Thursday increased Rs 242 to Rs 76,276 per 10 grams in futures trade as speculators created positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 242 or 0.32 per cent at Rs 76,276 per 10 grams in a business turnover of 8,313 lots.
ADVERTISEMENT
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures rose 0.24 per cent to USD 2,657.06 per ounce in New York.
Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.
