Gold futures rise Rs 754 to Rs 98,575/10g

New Delhi, Jun 20 (PTI) Gold prices on Friday increased Rs 754 to Rs 98,575 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 754, or 0.76 per cent, at Rs 98,575 per 10 grams in a business turnover of 14,251 lots.

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

Globally, gold futures fell 0.72 per cent to USD 3,346.58 per ounce in New York. PTI DR TRB