Taking positive cues from the global market, gold prices rose marginally by 0.14% to Rs 31,084 per 10 grams in futures trade today as speculators indulged in creating fresh positions.
At the Multi Commodity Exchange, gold for delivery in December moved up by Rs 44, or 0.14%, to trade at Rs 31,084 per 10 grams, with a turnover of 631 lots.
February gold gained Rs 40, or 0.13%, to Rs 31,423 per 10 grams, with a business volume of 85 lots.
Marketmen said gains in gold prices at futures trade was due to a firming trend overseas before the European Union leaders hold a summit this week amid speculation that Spain may accept credit from a rescue fund, weakening the dollar, and raising the appeal for precious metals.
Globally, gold rose as much as 0.30% to $1,753.25 an ounce in Singapore.