Gold prices were up by Rs 23 at Rs 30,795 per 10 gram at the futures trade as speculators raised their bets, tracking a firm trend in global market.
At the Multi Commodity Exchange, gold for delivery in October rose Rs 23 or 0.07 per cent to Rs 30,795 per 10 gram in a business turnover of 4 lots.
Also, the precious metal for delivery in December was trading higher by Rs 14 or 0.05 per cent to Rs 30,950 per ten gram in four lots.
Analysts said building up of positions by participants following rising gold prices in the global market helped the precious metal to trade higher at the futures trade here.
Globally, the metal’s rates advanced as much as 0.39 per cent to $1,313.60 an ounce in New York yesterday.