Gold futures rise Rs192 to Rs63,146/10 g

Gold prices on Tuesday rose Rs192 to Rs63,146 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.

On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs192 or 0.3 per cent at Rs63,146 per 10 grams in a business turnover of 15,720 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said. Globally, gold futures went up by 0.26 per cent to $2,074.40 per ounce in New York.