Gold prices rose by Rs 78 at Rs 30,080 per 10 grams in futures trade today after speculators raised bets, tracking a firming global trend.
At the Multi Commodity Exchange, gold for delivery in October was trading higher by Rs 78, or 0.26 per cent, to Rs 30,080 per 10 grams, in a business turnover of 376 lots.
The yellow metal for delivery in December too rose by Rs 77, or 0.25 per cent, to Rs 30,295 per 10 grams in five lots.
Analysts attributed the rise in gold prices in futures trade here to a firming trend overseas where it hit two-week high as the dollar weakened in the wake of a trade deal between the US and Mexico, improving demand for the precious metals as a safe-haven asset.
Meanwhile, gold rose 0.46 per cent, to USD 1,210.80 an ounce in New York yesterday.
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