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Gold prices rose 0.04 per cent to Rs 30,274 per 10 grams at the futures trade as speculators built up fresh positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in February traded higher by Rs 11 or 0.04 per cent to Rs 30,274 per 10 grams in a business turnover of 334 lots. The metal for delivery in June also rose by a similar margin to trade at Rs 30,470 per 10 grams in 17 lots.
Analysts said traders created fresh positions in line with a firm global trend. Globally, gold rose 0.19 per cent to $1,313.30 an ounce in Singapore.
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