Gold futures rise Rs 253 to Rs 71,628/10g

New Delhi, Aug 19 (PTI) Gold prices on Monday rose Rs 253 to Rs 71,628 per 10 grams 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 Rs 253 or 0.35 per cent at Rs 71,628 per 10 grams in a business turnover of 17,724 lots.

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

Globally, gold futures increased 0.22 per cent to USD 2,543.30 per ounce in New York.