 "Gold futures gain on fresh bets")
New Delhi: Gold prices on Friday increased by Rs 368 to Rs 51,630 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 368 or 0.72 percent at Rs 51,630 per 10 grams in a business turnover of 13,439 lots.
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Fresh positions built up by participants led to the rise in gold prices, analysts said.
Globally, gold was trading 1.07 percent higher at USD 1,911.60 per ounce in New York.
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