Gold prices were up by Rs 44 at Rs 28,237 per 10 gram at the futures trade as speculators raised their bets amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in far-month October was trading higher by Rs 44 or 0.16 per cent at Rs 28,237 per 10 gram in a business turnover of 10 lots.
The yellow metal for delivery in August gained Rs 33 or 0.12 per cent to Rs 28,029 per 10 gram in 517 lots.
Market analysts attributed the rise in gold prices at the futures trade to positive global cues. Meanwhile, gold was trading higher 0.17 per cent at $1,230.78 an ounce in Singapore.
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