Gold prices were up by Rs 135 at Rs 28,328 per ten gram at the futures trade as speculators took fresh positions on positive cues from global markets.

At the Multi Commodity Exchange, gold for delivery in far-month October was up Rs 135 or 0.48 per cent at Rs 28,328 per ten gram in a business turnover of 193 lots.

The metal for delivery in August was also trading higher by Rs 121 or 0.43 per cent at Rs 28,117 per ten gram in a turnover of 8,854 lots.

Analysts said the rise in global market prices, as the US dollar slipped against a basket of major currencies after recent soft US inflation, influenced the precious metal prices at the futures trade here.

Globally, gold was trading 0.31 per cent higher at $1,237.88 an ounce in Singapore today.