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Continuing its winning run, gold prices rose another Rs 232 to Rs 31,922 per 10 gram at the futures trade today amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in far-month October was trading higher by Rs 232 or 0.73 per cent to trade at Rs 31,922 per 10 gram in a business turnover of 18 lots.
On similar lines, the yellow metal for delivery in August gathered another Rs 224 or 0.71 per cent to Rs 31,625 per 10 gm in 863 lots.
Analysts attributed the persistent rise in gold prices at the futures trade to a firm trend overseas where gold surged for a second day as shock waves continued to reverberate through financial markets following the Britain’s vote to exit the European Union.
In a deadly blow to the 28-nation bloc, Britain had on Friday voted to leave the EU, forcing Prime Minister David Cameron to announce resignation in the wake of defeat in the referendum whose results triggered a panic reaction in world markets.
Meanwhile, gold climbed 1.5 per cent to $1,335.55 an ounce in Singapore.
The metal was propelled as high as $1,358.54 on Friday to a level not seen since March 2014, and the 8.1 per cent gain was the biggest intraday jump since 2008.
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