Gold futures rose by Rs 24 to Rs 17,232 per ten grams today on fresh buying due to hopes of a pick up in demand in the spot market.
At the Multi Commodity Exchange (MCX), gold for August month contract rose by Rs 24, or 0.14 per cent, to Rs 17,232 per ten grams with an open interest of 1,195 lots.
The gold for delivery in June contract also gained Rs 23, or 0.13 per cent, to Rs 17,148 per ten grams in 15,393 lots.
Traders said fresh buying on expectations of a pick up in demand helped gold futures to trade higher.
