Gold prices on Friday rose by Rs 36 to Rs 37,989 per 10 gram in futures trade as speculators widened their bets, tracking a firm trend overseas.
On the Multi Commodity Exchange, gold for December contracts traded higher by Rs 36, or 0.09 per cent, at Rs 37,989 per 10 gram in a business turnover of 1,397 lots.
The yellow metal contracts for February traded higher by Rs 49, or 0.13 per cent, at Rs 38,100 per 10 gram in a business turnover of 387.
Analysts said the rise in gold prices was mostly on the back of fresh positions built up by the participants taking positive cues from global markets.
Globally, gold prices rose 0.18 per cent at USD 1,466.20 an ounce in New York.
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