Gold prices rose by Rs 49 to Rs 31,689 per 10 gm in futures trade today as speculators created fresh positions, taking positive cues from overseas markets.
At the Multi Commodity Exchange, the December contract for gold rose by Rs 49, or 0.15%, to Rs 31,689 per 10 gm, with a business turnover of 403 lots.
The February contract moved up by Rs 53, or 0.17%, to Rs 32,100 per 10 gm, with a business turnover of 36 lots.
Marketmen said fresh buying by speculators in tandem with a firm global trend as the weakening dollar boosted appeal for the metal, mainly led to a rise in gold futures.
Globally, the gold in Singapore climbed 0.6% to $1,723.70 an ounce
