New Delhi: Gold prices on Thursday increased by Rs 282 to Rs 60,175 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 282 or 0.47 per cent at Rs 60,175 per 10 grams in a business turnover of 15,163 lots.
Fresh positions built up by participants led to the rise in gold prices, analysts said.
Globally, gold was trading 0.75 per cent higher at USD 2,011 per ounce in New York.