Gold futures were trading higher during the morning trade in the domestic market on Friday as investors widened their bets despite recovery in equity markets after Brexit vote due to weaker dollar. The demand for gold rose mainly on account of weak dollar, which buoyed sentiment for gold futures.

At the MCX, gold futures for August 2016 contract is trading at Rs 31,472 per 10 gram, up by 0.88 %, after opening at Rs 31,250, against a previous close of Rs 31,199. It touched the intra-day high of Rs 31,47

Gold prices climbed by Rs 269 to Rs 31,778 per 10 gram in futures trade today as traders indulged in raising their bets amid a firm global trend. 

At the Multi Commodity Exchange, gold for delivery in far-month October went up by Rs 269 or 0.85 % to trade at Rs 31,778 per 10 gram in a business turnover 66 lots.Similarly, the yellow metal for delivery in August was trading higher by Rs 263 or 0.84 % to Rs 31,462 per 10 gm in 1,113 lots. 

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