NEW DELHI: Gold futures rose marginally in early trade on the Multi Commodity Exchange (MCX) on Monday as traders and speculators enlarged their positions on the back of a firming global trend.
At 1150 hrs on the MCX, gold for the most-active October contract gained 0.38 per cent to Rs 14,949 per 10 gram, with an open interest for 904 lots.
Similarly, the metal for the August-month delivery rose 0.32 per cent to Rs 14,932 per 10 gram, clocking 13,283 lots, while the June-month contract inched up 0.24 per cent to Rs 14,959, in trading of 3,314 lots.
The continued rise in gold is mostly due to the firming global trend, traders said.
Gold prices were trading higher at $981 an ounce in the Asian region against last level of $968.
