New Delhi, February 18 Gold prices rose by Rs 1,297 to Rs 1,52,715 per 10 grams in futures trading on Wednesday, driven by fresh speculative positions in response to strong spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 1,297 or 0.86 per cent, closing at Rs 1,52,715 per 10 grams, with a trading volume of 1,557 lots.
Analysts attributed the rise in gold prices to the fresh positions taken by participants.
Globally, gold futures rose by 0.89 per cent to USD 4,921 per ounce in New York.
