Gold prices moved up by 0.71 per cent to Rs 29,075 per 10 gram at the futures trade as speculators took fresh positions owing to positive cues from global markets .
At the Multi Commodity Exchange, gold for delivery in June rose Rs 204 or 0.71 per cent to Rs 29,075 per ten grams in a business turnover of 4 lots.
On similar lines, the yellow metal for delivery in far-month August was trading higher by Rs 127 or 0.44 per cent at Rs 29,215 per ten gram in 804 lots.
Market analysts attributed the rise in gold prices at the futures trade to a firm trend in global markets.
Globally, gold rose 0.11 per cent to $1,279.90 an ounce in Singapore.