Gold futures rose on spot demand

New Delhi, Gold prices rose by Rs 180 to Rs 97,955 per 10 grams in futures trade on Tuesday as speculators created new deals due to strong spot demand.

On the Multi Commodity Exchange, the price of gold contracts for August delivery rose by Rs 180, or 0.18 percent, to Rs 97,955 per 10 grams, with a turnover of 11,595 lots.

Analysts said fresh buying by participants led to the rise in gold prices.

Globally, gold futures in New York rose 0.52 percent to $3,360.93 an ounce.

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