Gold prices rose by Rs 128 to Rs 30,160 per 10 grams in futures trading today as speculators created fresh positions, tracking a firm global trend.
At the Multi Commodity Exchange, gold for delivery in October rose by Rs 128, or 0.43%, to Rs 30,160 per 10 grams, with a business turnover of 4,406 lots.
December gold moved up by Rs 122, or 0.40%, to Rs 30,505 per 10 grams in 141 lots.
Marketmen said the rise in gold futures was due to a firm global trend on speculation that central banks including the US Federal Reserve may take more action to stimulate their economies.
Meanwhile, gold gained 0.3% to $1,625 an ounce in Singapore in early trade today.