India, Nov. 4 -- Gold prices advanced by Rs. 510 to Rs. 1,39,962 per 10 grams in futures trading on Wednesday, supported by firm spot demand and fresh buying by speculators.
On the Multi Commodity Exchange (MCX), gold contracts for December delivery gained Rs. 510, or 0.37%, to trade at Rs. 1,39,962 per 10 grams. The contract recorded a business turnover of 876 lots.
Market analysts attributed the upward movement in gold prices to fresh position-building by participants amid improved demand in the spot market.
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