Gold futures up on spot demand
On the Multi Commodity Exchange, gold contracts for February traded higher by Rs 19, or 0.05 per cent, to Rs 40,675 per 10 gram in a business turnover of 1,694 lots.
The yellow metal for April delivery edged up by Rs 15, or 0.04 per cent, at Rs 40,845 per 10 gram in a business turnover of 116 lots.
Globally, gold prices decline 0.03 per cent to USD 1,578.90 per ounce in New York. VHP SHWSHW