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Gold prices rose Rs 246 to Rs 28,664 per 10 gm at the futures trade today as speculators created fresh positions taking positive cues from overseas market.
On the Multi Commodity Exchange, gold for delivery in February rose Rs 246 or 0.87 per cent to Rs 28,664 per 10 gm with a business turnover of 687 lots.
Similarly, the metal for delivery in April moved up by Rs 203 or 0.73 per cent to Rs 27,890 per 10 gm with a trading volume of 45 lots.
Marketmen attributed the rise in gold prices at the futures trade to a firm trend in the global market as recent plunge spurred physical purchases by investors.
Globally, gold in Singapore climbed to $1,224.09 an ounce from $1,205.65 on December 31.
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