NEW DELHI: Gold prices rose Rs 90 or 0.48 per cent to Rs 18,802 per ten gram at the futures trade on Thursday, as traders enlarged their positions on the back of a firming global trend.
At the Multi Commodity Exchange, October contract rose Rs 90 or 0.48 per cent to Rs 18,802 per ten gram with an open interest of 1,649 lots.
Similarly, August contract moved up by Rs 87 or 0.47 per cent to Rs 18,717 per ten gram with a business turnover of 18,769 lots.
Market experts said fresh buying by speculators in tandem with a firming global trend mainly led to a rise in gold prices at the futures trade.
Meanwhile, gold gained $3.70 to $1,234.20 an ounce in the Asian region. — PTI
