Gold futures rise Rs 87 to Rs 72,420 per 10 gm

Gold futures rise Rs 87 to Rs 72,420 per 10 gm

Gold prices on Tuesday rose Rs 87 to Rs 72,420 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for August delivery traded higher Rs 87, or 0.12 per cent, at Rs 72,420 per 10 grams in a business turnover of 12,998 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.