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Gold prices rose Rs 36 to Rs 30,502 per 10 grams at the futures trading today as speculators widened positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month August was trading higher by Rs 36 or 0.12 per cent to Rs 30,502 per 10 grams in a business turnover of just one lot.
Similarly, the metal for delivery in June was up by Rs 14 or 0.05 per cent to Rs 30,280 per 10 grams in 120 lots.
Market analysts said speculators enlarged their positions on the back of a firm global trend, as a gauge of the dollar touched an 11-month low after weaker-than-expected US economic growth cut the prospects for higher interest rates, adding to the appeal for safe haven investment.
Globally, gold climbed as much as 0.03 per cent to $1,292.80 an ounce in Singapore.
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