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(PTI) Gold prices on Friday increased by ₹193 to ₹50,263 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for October delivery traded higher by ₹193 or 0.39 per cent at ₹50,263 per 10 grams in a business turnover of 12,394 lots.

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

Globally, gold was trading 0.31 per cent higher at USD 1,714.60 per ounce in New York.

Gold futures gain ₹193 per 10 grams

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

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Gold futures gain ₹193 per 10 grams

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

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