Gold prices edged up marginally by 0.08 per cent to Rs 28,604 per 10 grams at the futures trade today as speculators enlarged positions, tracking a firm global trend.
On the Multi Commodity Exchange, gold for delivery in far-month December edged up by Rs 24 or 0.08 per cent to Rs 28,604 per ten gram in a business turnover of 155 lots.
Likewise, the yellow metal for delivery in October traded higher by Rs 17 or 0.06 per cent to Rs 28,650 per ten gram in 3,629 lots.
Analysts attributed the rise in gold futures to a firm global trend as tensions flared over Ukraine, increasing the demand for a safe haven.
Meanwhile, gold prices rose 0.2 per cent to $1,308.13 an ounce in Singapore.