Gold prices rose by 0.32%,to Rs. 27,950 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.
At Multi Commodity Exchange, gold for delivery in far-month December was up by Rs. 90, or 0.32%, to Rs. 27,950 per 10 gram in business turnover of 18 lots.
The metal for delivery in October moved up by Rs. 76, or 0.27%, to Rs. 27,847 per 10 gram in a turnover of 611 lots.
Analysts said fresh positions built-up by participants following a better trend in global market, influenced gold prices at futures trade in New Delhi.
Meanwhile, gold rose by 0.46%, to USD 1,282.10 an ounce in Singapore.