Gold price on Monday increased by Rs 110 to Rs 55,127 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand.

Share Market Live

NSE

On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 110 or 0.2 per cent at Rs 55,127 per 10 gram in a business turnover of 13,921 lots.

Fresh positions built up by participants led to the rise in gold prices, analysts said.

Globally, gold was trading 0.01 per cent higher at USD 1,826.20 per ounce in New York.