Gold prices rose by Rs 99, or 0.53 per cent, to Rs 18,630 per ten gram in futures trade today as traders enlarged their positions, supported by a firming global trend.
At the Multi Commodity Exchange, gold for December rose by Rs 99, or 0.53 per cent, to Rs 18,630 per ten gram, with an open interest of 635 lots.
Similarly, the metal for delivery in August moved up by Rs 89, or 0.48 per cent, to Rs 18,472 per ten gram, with a business volume of 18,356 lots.
Market analysts said fresh buying by traders on hopes of pick up in demand for the upcoming festival season amid firming trend in global markets led to a rise in gold prices at futures trade.
Meanwhile, gold gained $3.10 to $1,211.60 an ounce in Asian region.
