India, July 16 -- Gold prices rose by Rs 49 to Rs 97,260 per 10 grams in futures trade on Wednesday, as traders created fresh positions amid strong demand in the spot market.
On the Multi Commodity Exchange (MCX), gold futures for August delivery were up Rs 49, or 0.05%, at Rs 97,260 per 10 grams, with a trading volume of 10,695 lots.
Analysts attributed the price uptick to renewed buying interest and fresh position-building by participants, driven by robust spot market demand.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....