Gold futures rise Rs 320 to Rs 98,138 per 10 grams

Jewellery store in the Chalai Market in the city of Thiruvananthapuram (Trivandrum), Kerala, India. (Photo: Getty Image)

New Delhi, Jul 14 (PTI) Gold prices on Monday increased by Rs 320 to Rs 98,138 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 by Rs 320, or 0.33 per cent, at Rs 98,138 per 10 grams in a business turnover of 12,393 lots.

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

Globally, gold futures rose 0.09 per cent to USD 3,358.72 per ounce in New York.

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