Gold prices rose 0.14 per cent to Rs 30,175 per ten grams at the futures trade today as speculators created positions, tracking a firm overseas trend.
On the Multi Commodity Exchange, gold for delivery in December rose Rs 42 or 0.14 per cent to Rs 30,175 per ten grams in a business turnover of 2,013 lots.
Similarly, the metal for delivery in February gained Rs 22 or 0.08 per cent to Rs 29,325 per ten grams in 342 lots.
Analysts attributed the rise in gold futures to a firm global trend on speculation that the decline to a four-month low may encourage purchases, while investors assessed the timing of a reduction in stimulus by the Federal Reserve.
Meanwhile, gold gained 0.3 per cent to $1,246.75 an ounce in Singapore.
