New Delhi, March 5: Gold prices on Wednesday rose by Rs 44 to Rs 86,070 per 10 gram in futures trade as speculators created fresh deals amid strong spot demand.
Gold contracts for April delivery rose by Rs 44, or 0.05 per cent, to Rs 86,070 per 10 gram on the Multi Commodity Exchange in a business turnover of 14,715 lots.
Analysts said fresh buying by participants led to the rise in gold prices.
Globally, gold futures rose 0.20 per cent to USD 2,926.40 an ounce in New York.
Gold futures prices increase due to spot demand
