Gold futures rise Rs 540 to Rs 97,231/10g

New Delhi, Jul 11 (PTI) Gold prices on Friday rose Rs 540 to Rs 97,231 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 Rs 540 or 0.56 per cent at Rs 97,231 per 10 grams in a business turnover of 12,125 lots.

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

Globally, gold futures rose 0.30 per cent to USD 3,334 per ounce in New York. PTI DR ANU ANU