Gold futures prices surge by Rs 771 to Rs 46,065 per 10 gram on domestic demand

New Delhi: Gold prices on Monday rose Rs 771 to Rs 46,065 per 10 gram in futures trade as speculators indulged in creating fresh positions on firm spot demand. [caption id=“attachment_5997841” align=“alignleft” width=“380”] Representative image. Reuters[/caption] On the Multi Commodity Exchange, gold contracts for June traded higher by Rs 771, or 1.7 percent, to Rs 46,065 per 10 gram in a business turnover of 17,577 lots. The yellow metal for August delivery edged up by Rs 737, or 1.62 percent, to Rs 46,223 per 10 gram in a business turnover of 1,986 lots. Fresh positions built up by participants on spot demand mainly led to rise in gold prices, analysts said. Globally, gold prices fell 0.61 percent to $1,742.10 per ounce in New York.