<p>Gold price on Tuesday increased by Rs 535 to Rs 55,713 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.</p>.<p>On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 535 or 0.97 per cent at Rs 55,713 per 10 grams in a business turnover of 13,942 lots.</p>.<p>Fresh positions built up by participants led to the rise in gold prices, analysts said.</p>.<p>Globally, gold was trading 1.42 per cent higher at USD 1,852.20 per ounce in New York.</p>
<p>Gold price on Tuesday increased by Rs 535 to Rs 55,713 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.</p>.<p>On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 535 or 0.97 per cent at Rs 55,713 per 10 grams in a business turnover of 13,942 lots.</p>.<p>Fresh positions built up by participants led to the rise in gold prices, analysts said.</p>.<p>Globally, gold was trading 1.42 per cent higher at USD 1,852.20 per ounce in New York.</p>