Gold prices extended gains for the fourth straight session by adding 0.35 per cent on the Multi Commodity Exchange (MCX) today on sustained buying by speculators influenced by a better global trend.
Gold for the most-active August-month contract gained 0.35 per cent to Rs 14,646 per ten grams on the MCX counters at 1220 hours, with an open interest of 14,670 lots.
Similarly, the metal for delivery in the October contract gained 0.34 per cent to Rs 14,650 per ten grams, with an open interest in 942 lots.
The continued rise in gold prices mostly attributed on the back of firming global trend, traders said.
Gold prices surged to $965.90 an ounce in the US market last night.
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