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Gold futures rise Rs 623 to Rs 93,260/10g

Fresh positions built up by participants led to a rise in gold prices, analysts said.

PTI

NEW DELHI: Gold prices on Friday rose Rs 472 to Rs 92,811 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 472 or 0.51 per cent at Rs 92,811 per 10 grams in a business turnover of 14,987 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.

Globally, gold futures increased 0.68 per cent to USD 3,261.31 per ounce in New York.

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