Gold futures rise Rs 202 to Rs 62,070/10 grams

New Delhi, Jan 23 (PTI) Gold prices on Tuesday rose Rs 202 to Rs 62,070 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

On the Multi Commodity Exchange, gold contracts for February delivery traded higher Rs 202, or 0.33 per cent, at Rs 62,070 per 10 grams in a business turnover of 6,214 lots.

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

Globally, gold futures increased by 0.53 per cent to USD 2,052.40 per ounce in New York.