Gold prices rebounded in futures trade on Friday, climbing Rs 1,997 to around Rs 1.41 lakh per 10 grams, supported by gains in global markets and bargain buying following the previous session’s sharp decline.

On the Multi Commodity Exchange (MCX), gold contracts for April delivery rose 1.43 percent to Rs 1,41,490 per 10 grams, recovering from Thursday’s close of Rs 1,39,493, which had marked a drop of Rs 4,604 (3.2 percent).

Similarly, the June contract advanced by Rs 1,811, or 1.27 percent, to Rs 1,44,325 per 10 grams. In the prior session, it had declined by Rs 4,926, or 3.34 percent, to settle at Rs 1,42,514 per 10 grams.