Gold futures prices rose 1.42 per cent to Rs 27,084 per 10 grams today as speculators enlarged positions after the metal jumped to a one-month high in the global market.
On the Multi Commodity Exchange, the metal prices for delivery in August gained Rs 379 or 1.42 per cent to trade at Rs 27,084 per 10 gm in a turnover of 2,900 lots.
Similarly, the metal prices for delivery in October edged up by Rs 373 or 1.39 per cent to Rs 27,200 per 10 gm, clocking a business volume of 300 lots.
Analysts attributed the gains in the precious metal at the futures trade to a firming trend in the overseas market where it climbed to a one-month high on expectations that the US Federal Reserve will sustain stimulus.
Globally, the yellow metal rose 1.8 per cent to $1,319.99, the highest level since June 20 in Singapore.