Tracking a firm trend overseas, gold prices rose by 0.54 per cent to Rs 30,573 per 10 grams in futures trading today as speculators built up fresh positions.
At the Multi Commodity Exchange, gold for delivery in April rose by Rs 165, or 0.54 per cent to Rs 30,573 per ten grams in business turnover of 114 lots.
Likewise, the metal for delivery in far-month June was trading higher by Rs 105, or 0.34 per cent to Rs 30,657 per ten grams in 335 lots.
Analysts said fresh positions by participants on the back of a firming trend in the global markets as the dollar eased amid fresh concerns of trade tensions between the United States and China, mainly led to rise in gold prices at futures trade.
Globally, gold rose 0.30 per cent to USD 1,329 an ounce in Singapore.
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