Gold prices rose by Rs 123 or 0.67 per cent to Rs 18,523 per ten gram in futures trade today, as speculators enlarged their positions supported by a firming global trend.
At the National Commodity and Derivatives Exchange, gold for June contract rose by Rs 123, or 0.67 per cent to Rs 18,523 per ten gram, with an open interest of 7,500 lots.
Similarly, the metal for July contract moved up by Rs 100 or 0.54 per cent to Rs 18,583 per ten gram, with a business turnover of 5,100 lots.
Marketmen said increased buying by speculators amid firming global trend pushed up gold prices to trade higher at futures market.
Meanwhile, gold rose by $4.30 to $1,205.50 an ounce in the Asian region.