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Continuing its rising streak for the third straight day, gold prices advanced by 0.13 per cent to Rs 28,181 per 10 grams at the futures trade today as traders engaged in enlarging in their positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in February rose Rs 37 or 0.13 per cent to Rs 28,181 per 10 grams in a business turnover of 105 lots.
Likewise, the metal for delivery in far-month April was trading higher by Rs 34 or 0.12 per cent at Rs 28,182 per 10 grams in two lots.
Analysts said widening of positions by speculators in line with a firm trend in the global markets, mainly kept gold prices higher at the futures trade.
Globally, gold rose 0.01 per cent to $1,187.40 an ounce in Singapore.
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