Gold prices on Thursday rose Rs 173 to Rs 45,114 per 10 gram in futures trade as speculators were indulged in creating fresh positions on positive global cues.
On the Multi Commodity Exchange, gold contracts for June traded higher by Rs 173, or 0.38 per cent, to Rs 45,114 per 10 gram in a business turnover of 17,298 lots.
The yellow metal for August delivery edged up by Rs 152, or 0.34 per cent, to Rs 45,280 per 10 gram in a business turnover of 1,895 lots.
Fresh positions built up by participants on spot demand mainly led to rise in gold prices, analysts said.
Globally, gold prices rose 0.99 per cent to USD 1,700.90 per ounce in New York.