Supported by firming trend in the Asian trade and strong domestic demand, gold futures prices rose by Rs 97 to Rs 19,899 per 10 gram today.
At the Multi Commodity Exchange counter, gold for delivery in April shot up by Rs 97, or 0.49 per cent, to Rs 19,899 per 10 gram, with a business turnover of just one lot.
Gold for December delivery also traded higher by Rs 73, or 0.38 per cent, to Rs 19,530 per 10 gram, clocking a trade volume of just one lot, while for the February delivery, the precious metal was up by Rs 73, or 0.37 per cent, to Rs 19,705 per 10 gram, clocking a turnover of two lots.
Analysts said firming trend in the Asian region after gold shot up by 1 per cent to $1,338.85 an ounce, driven by a weaker dollar and strong demand at domestic markets ahead of festive season, mainly supported the upside in gold futures prices here.
