Gold prices rise Rs 364 to Rs 1,43,740 per 10 grams in futures trade

Gold prices rose Rs 364 to Rs 1,43,740 per 10 grams in futures trade on Monday, August 3rd, supported by fresh positions created by speculators amid firm spot demand.

On the Multi Commodity Exchange (MCX), gold contracts for October delivery traded higher by Rs 364, or 0.25 per cent, at Rs 1,43,740 per 10 grams, with a business turnover of 1,691 lots.

Analysts attributed the rise in precious metal prices to fresh positions built up by market participants.

Globally, gold futures rose 0.33 per cent to USD 4,059.48 per ounce in New York.