Gold prices rose by Rs 30 to Rs 20,938 per 10 grams in futures trade today as speculators enlarged their positions on the back of a firm global trend.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 30, or 0.14%, to Rs 20,938 per 10 grams, with a business turnover of 18 lots.
Likewise, the metal for delivery in June moved up by Rs 28, or 0.13%, to Rs 21,210 per 10 grams, with an open interest of a single lot.
Market analysts attributed the rise in gold futures prices to creation of fresh positions by speculators amid a firming trend in New York.
Meanwhile, gold rose by $1.70 to $1,428.80 an ounce in New York.
