Gold Futures Rise On Spot Demand

Gold prices on Monday increased Rs148 to Rs82,452 per 10 grams in futures trade as specula-tors created positions on a firm spot demand.

On the Multi Commodity Exchange, gold con-tracts for February delivery traded higher by Rs148 or 0.18 per cent at Rs82,452 per 10 grams in a business turnover of 16,568 lots. Fresh positions built up by participants led to a rise in gold prices, analysts said.