Gold prices were up by 0.07 per
cent to Rs 31,400 per 10 gram in futures trade today as speculators enlarged positions amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in far-month August was trading higher by Rs 23 or 0.07 per cent to Rs 31,400 per 10 gram in a business turnover 519 lots.
Market analysts attributed rise in gold prices at futures trade to building up of positions by speculators, tracking a positive trend in global markets.
Meanwhile, gold rose 0.24 per cent to USD 1,301.90 an ounce in New York.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)