Gold rose 0.11 per cent to Rs. 30,505 per 10 grams in futures trade on Thursday as participants engaged in enlarging positions supported by a firming trend overseas.
At MCX, metal for delivery in April gained by Rs. 33, or 0.11 per cent, to Rs. 30,505 per 10 grams in a turnover of 199 lots.
The metal for delivery in June moved up by Rs. 32, or 0.11 per cent, to Rs. 29,925 per 10 grams, clocking a business volume of 7 lots.At the spot markets, gold regained Rs. 31,000 level by surging Rs. 320 to Rs. 31,020 per 10 grams in the national capital in Wednesday's trade.
Analysts said sustained rise in the global markets as worsening tension between Ukraine and Russian raised safe-haven demand supported the rise in gold prices at futures trade here.Besides, rising demand at current levels in the domestic spot market also influenced prices, they said.
Globally, gold climbed 0.60 per cent to $1,374.69 an ounce in Singapore on Thursday - its highest level since September 19.
At MCX, metal for delivery in April gained by Rs. 33, or 0.11 per cent, to Rs. 30,505 per 10 grams in a turnover of 199 lots.
The metal for delivery in June moved up by Rs. 32, or 0.11 per cent, to Rs. 29,925 per 10 grams, clocking a business volume of 7 lots.At the spot markets, gold regained Rs. 31,000 level by surging Rs. 320 to Rs. 31,020 per 10 grams in the national capital in Wednesday's trade.
Analysts said sustained rise in the global markets as worsening tension between Ukraine and Russian raised safe-haven demand supported the rise in gold prices at futures trade here.Besides, rising demand at current levels in the domestic spot market also influenced prices, they said.
Globally, gold climbed 0.60 per cent to $1,374.69 an ounce in Singapore on Thursday - its highest level since September 19.