Maintaining a firm trend for the last two days, gold today rose by 0.71 per cent on the Multi Commodity Exchange (MCX) on sustained buying by speculators due to firm trend in Asian bullion markets.     

At 1350 hrs, Gold for the most active October-month contract gained 0.71 per cent to Rs 14,785 per ten gram with an open interest of 1,393 lots.     

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Marketmen said sustained buying by speculators influenced by firm trend in Asian region mainly led to rise in gold prices at futures market here.     

Meanwhile, gold in Asia traded at 941.50 dollar an ounce against last close of 933.50 dollar in the US markets last evening.

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