New Delhi, September 08: Gold prices rose by Rs 25, or 0.12 per cent, to Rs 19,194 per ten gram in futures market today, as speculators created fresh positions after the precious metal inched towards an all-time high in global markets.
At the Multi Commodity Exchange counter, the gold for delivery in October-month contract gained Rs 25, or 0.12 per cent, to Rs 19,194 per ten gram, with an open interest of 232 lots. It hit a record high of Rs 19,211 per ten gram in the previous session.
Similarly, the metal for delivery in December contract rose by Rs 21, or 0.10 per cent, to Rs 19,281 per ten gram, with a turnover of 20 lots.
Market analysts said fresh buying by speculators in tandem with a firming global trend, where gold surged to USD 1,258.
–Agencies