On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 325, or 0.66 per cent, at Rs 49,370 per 10 gram in a business turnover of 8,360 lots.
Fresh positions built up by participants led to the rise in gold prices, analysts said.
Gold prices traded 0.70 per cent higher at USD 1,857.10 per ounce in New York. PTI SHW RUJ RUJ
Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI