Futures Back In Divergent Trading

Gold futures Tuesday increased Rs151 to Rs77,637 per 10 grams in futures trade as speculators created positions on a firm spot demand. Silver prices fell Rs435 to Rs94,762 per kilogram as participants reduced their bets.

On Multi Commodity Exchange (MCX), gold contracts for February delivery traded higher by Rs151 or 0.19 per cent at Rs77,637 per 10 grams in a business turnover of 13,363 lots. Fresh positions built up by participants led to a rise in gold prices, analysts said.