Gold rose by Rs 100 to Rs 22,740 per 10 grams in futures trade today as speculators created fresh positions, driven by a firming trend in New York.
On the Multi Commodity Exchange, gold for delivery in October rose by Rs 100, or 0.22%, to Rs 22,740 per 10 grams, with a business turnover of 108 lots.
Similarly, the metal for delivery in August gained Rs 47, or 0.21%, to Rs 22,468 per 10 gram, with an open interest of 2,733 lots.
Market analysts said fresh buying by speculators, supported by a firming trend in New York led to rise in gold futures prices.
Meanwhile, gold rose by $6.50 to $1,530.60 an ounce in New York last night.
