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Gold prices rose by Rs 26 to Rs 22,887 per 10 gram at the futures trade today after speculators created fresh positions, driven by a firming global trend.
At the Multi Commodity Exchange, gold futures for delivery in October surged by Rs 26 or 0.11 per cent to Rs 22,887 per 10 grams with a business turnover of just two lots.
Similarly, the metal for delivery in August gained Rs 23 or 0.1 per cent to Rs 22,612 per 10 grams with a trade volume of three lots.
Market analysts said a firming trend in the global market mainly led to the rise in gold prices at the futures trade here.
Meanwhile, the yellow metal moved up by $6.70 to $1,544.30 an ounce in New York.
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