India, May 8 -- Gold futures advanced on Friday as firm spot demand and fresh buying by traders supported prices.

On the Multi Commodity Exchange (MCX), gold contracts for August delivery climbed Rs 689, or 0.45%, to Rs 1,52,950 per 10 grams, with a business turnover of 1,206 lots.

Analysts said fresh positions created by market participants contributed to the rise in gold prices in futures trade.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....