Gold prices on Wednesday rose Rs 94 to Rs 37,975 per 10 gram in futures trade as speculators widened their bets on spot demand, tracking a firm trend overseas.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 94, or 0.25 per cent, at Rs 37,975 per 10 gram in a business turnover of 1,807 lots.
Gold for delivery in February next year also edged up by Rs 67, or 0.18 per cent, to Rs 38,084 per 10 gram in a business turnover of 362 lots.
Globally, gold was quoting 0.14 per cent higher at USD 1,485.80 an ounce in New York.
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