Gold prices rose Rs 141 to Rs 31,180 per 10 gram at the futures trade today as speculators created positions amid positive cues from the global market.
At the Multi Commodity Exchange, gold for delivery in August moved up by Rs 141 or 0.45 per cent to Rs 31,180 per 10 gram in a business turnover of 1,370 lots.
The metal for delivery in far-month October was trading higher by Rs 133 or 0.42 per cent to Rs 31,650 per 10 gram in a turnover of 50 lots.
Analysts said a firm trend in global markets, where gold recovered after yesterday’s fall, influenced the precious metal at the futures trade here.
Meanwhile, gold rose as much as 0.46 per cent to $1,338.80 an ounce in Singapore.