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Gold prices rose 0.14 per cent to Rs 30,208 per 10 gram at the futures trade as participants created fresh positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in February next year rose Rs 41 or 0.14 per cent to Rs 30,208 per 10 gram in a business turnover of 14 lots.
In a similar fashion, gold for delivery in December was trading higher by Rs 33 or 0.11 per cent at Rs 30,080 per 10 gram clocking a business volume of 355 lots.
Analysts said fresh positions built up by traders in line with a firm global trend where gold prices strengthened, influenced the sentiment.
Globally, gold came back in positive zone by rising 0.45 per cent to $1,274.10 an ounce in Singapore.
The precious metal plunged the most in almost three years, falling below $1,300 an ounce for the first time since June amid mounting concern that an improving US economy will push the Federal Reserve to boost interest rates soon.
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