Continuing its rising streak, gold futures prices rose further by 1.34 per cent to Rs 32,304 per ten gram today as speculators engaged in enlarging positions on positive global cues.
Besides, the slump in rupee to 65.41 against the dollar also supported the rise in gold futures.
On the Multi Commodity Exchange, the yellow metal for delivery in October gained Rs 428 or 1.34 per cent to trade at Rs 32,304 per 10 gm in a turnover of 845 lots.
Similarly, gold for delivery in far-month December spurted by Rs 284 or 1.21 per cent to Rs 32,220 per 10 gm clocking a business volume of 52 lots.
Analysts said apart from sliding rupee, a firm trend in the global market influenced gold prices at the futures trade here.
Firm trend prevailed in the overseas market as investors weighed the outlook for US stimulus, with a drop in durable goods orders adding to signs that debt-buying may be sustained.
Globally, the yellow metal rose 0.2 per cent to $1,407.42 an ounce in Singapore today, the highest price since June 7.