New Delhi: Gold price on Friday rose Rs 904 to Rs 72,543 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher Rs 904 or 1.26 per cent at Rs 72,543 per 10 grams in a business turnover of 14,998 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.
Globally, gold futures went up 1.40 per cent at USD 2,373 per ounce in New York.