Gold prices rose Rs 140, or 0.73 per cent, to Rs 19,158 per ten gram in futures trade today, as speculators created fresh positions after the precious metal soared to a record high in global markets.
At the Multi Commodity Exchange counter, the gold for delivery in October-month contract gained Rs 140, or 0.73 per cent, to Rs 19,158 per ten gram, with an open interest of 3,423 lots.
Similarly, the metal for delivery in December contract rose by Rs 134, or 0.70 per cent, to Rs 19,268 per ten gram, with a turnover of 446 lots, while February delivery contract went up by Rs 123, or 0.64 per cent, to Rs 19,358 per ten gram, with an open interest of 19 lots.
Market analysts said fresh buying by speculators in tandem with a firming global trend, where gold reached a record high after the weak dollar raised its appeal as an alternative investment.
In Asian region, gold for immediate delivery advanced 0.3 per cent to a new high of $1,291.05 an ounce.
