Gold prices were up by 0.07 per
cent to Rs 31,400 per 10 gram in futures trade today as speculators enlarged positions amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in far-month August was trading higher by Rs 23 or 0.07 per cent to Rs 31,400 per 10 gram in a business turnover 519 lots.
Market analysts attributed rise in gold prices at futures trade to building up of positions by speculators, tracking a positive trend in global markets.
Meanwhile, gold rose 0.24 per cent to USD 1,301.90 an ounce in New York.
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