Gold prices on Friday increased by Rs 29 to Rs 52,001 per 10 grams in future trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 29 or 0.06 per cent at Rs 52,001 per 10 grams in a business turnover of 19,054 lots.
Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 0.20 per cent lower at USD 1,717.40 per ounce in New York.
