Gold futures prices rose by 0.82% to a record Rs 23,210 per 10 grams today as speculators enlarged positions, driven by a firming global trend on weakening dollar.
At the Multi Commodity Exchange, gold for delivery in December advanced by Rs 189, or 0.82% to a fresh high of Rs 23,210 per 10 grams, with a business turnover of two lots.
Similarly, the metal for delivery in October shot-up by Rs 131, or 0.52% to Rs 22,882 per 10 grams, with a business volume of six lots.
The yellow metal for delivery in June gained Rs 95, or 0.44% to Rs 22,234 per 10 gram, with an open interest of 2,776 lots.
Market analysts said a firming trend overseas, where gold climbed to new high supported by a weakened dollar after the US Federal Reserve decided to keep short-term interest rates at zero level, boosted the demand for the precious metal.
Meanwhile, gold rallied to an all-time high of $1,531.40 an ounce in New York.