Gold prices moved up by Rs 116, or 0.65 per cent, to Rs 18,067 per ten gram in futures trade today, as speculators enlarged their positions, triggered by a firming global trend.
At the Multi Commodity Exchange counter, gold for October shot up by Rs 116, or 0.65 per cent, to Rs 18,067 per ten gram, with an open interest of 15,498 lots.
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Similarly, the metal for delivery in August-month traded higher by Rs 106, or 0.59 per cent, to Rs 17,925 per ten gram, with an open interest of 574 lots.
Market analysts said increased buying by speculators in tandem with a firming global trend mainly led to a rise in gold prices at futures trade.
Meanwhile, gold rose by $6.60 to $1,192.20 an ounce in Asian region.
