Gold prices rose by Rs 35, or 0.18 per cent, to Rs 18,997 per ten gram in futures trade today, as traders enlarged their positions, supported by a better trend in global markets.
At the Multi Commodity Exchange, gold for December rose by Rs 35, or 0.18 per cent, to Rs 18,997 per ten gram, with an open interest of 510 lots.
The metal for delivery in August contract also moved up by Rs 34, or 0.18 per cent, to Rs 18,848 per ten gram, with a business volume of 20,978 lots.
Marketmen said fresh buying by traders and reports of a better trend in global markets led to a rise in gold prices at futures trade. Meanwhile, gold rose 47 cents to $1,256.07 an ounce in London.
