Gold prices rose to a record high by adding Rs 68 to Rs 20,063 per ten gram in futures trading today, as speculators enlarged their positions, triggered by a firming trend overseas.
At the Multi Commodity Exchange counter, gold for June month rose by Rs 66, or 0.34 per cent, to a record high of Rs 20,063 per ten gram in single lot.
Similarly, the metal for delivery in December traded higher by Rs 16, or 0.08 per cent to Rs 19,685 per ten gram, with a business turnover of two lots.
Marketmen said the precious metal rose to a record high high in futures market as speculators enlarged their positions in tandem with a firming global trend.
Meanwhile, gold rose by $6.90 to $1,353.90 an ounce in New York last evening.
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