Gold futures prices rose 0.2 per cent to Rs 22,395 per 10 grams today after speculators created fresh positions driven by a firming global trend.
At the Multi Commodity Exchange, gold futures for delivery in August surged Rs 54 or 0.2 per cent to Rs 22,395 per 10 grams with a business turnover of 1,021 lots. Similarly, October contract gained Rs 40 or 0.18 per cent to Rs 22,667 per 10 grams with a trade volume of 69 lots.
Market analysts said a firming trend in global market as slowing economic growth raised the appeal for the precious metals, mainly influenced gold prices at the futures trade here.
Meanwhile, the yellow metal moved up by 0.2 per cent to $1,547.18 an ounce in the Asian trade today, the highest since June 23.