NEW DELHI, May 27: Gold price on Monday rose Rs 363 to Rs 71,619 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.
On the Multi Commodity Exchange, gold contracts for June delivery traded higher Rs 363 or 0.51 per cent at Rs 71,619 per 10 grams in a business turnover of 6,575 lots.
Fresh positions built up by participants led to a rise in gold prices, analysts said.