Gold futures prices today rose by 0.23% to Rs 30,719 per 10 grams as speculators enlarged positions after the metal climbed to nearly a three-month high in global markets.
Weaker dollar increased its appeal as an alternative investment.
At the Multi Commodity Exchange, gold for delivery in December rose by Rs 70, or 0.23%, to Rs 30,719 per 10 grams, with a business turnover of 66 lots.
The October contract moved up by Rs 68, or 0.22%, to Rs 30,386 per 10 grams in 1,590 lots.
Marketmen said the rise in gold futures was due to a firm global trend, where it surged to a three-month high as weaker dollar raised the appeal for the precious metal as an alternative investment.
Besides, firm demand at domestic spot markets also supported the uptrend, they added.
Meanwhile, gold gained 0.02% to $1,639 an ounce in Singapore.
It reached $1,641.48 an ounce yesterday, the highest since May 7.
