Tracking firming global trend, gold futures prices recovered by Rs 150 or 0.88 per cent today as traders indulged in enlarging their positions. Gold for far-month April contract rose by Rs 150, or 0.88 per cent to Rs 17,248 per ten gram with an open interest of 2,409 lots.
The metal for delivery in February contract also went up by Rs 134, or 0.78 per cent to Rs 17,212 per ten gram with an open interest of 16,361 lots.
Market experts said fresh buying by traders in line with a rising trend in overseas market mainly led to rise in gold prices at futures market.
Meanwhile, gold traded higher by $1.70 to $1,129.80 an ounce in New York last night.
