Gold prices zoomed Rs 77 to Rs 29,147 per 10 grams at the futures trade today as speculators created positions amid positive cues from the global market.
At the Multi Commodity Exchange, gold for delivery in far-month June moved up by Rs 77 or 0.26 per cent to Rs 29,147 per 10 grams in a business turnover of 12 lots.
The metal for delivery in February was trading higher by Rs 72 or 0.25 per cent at Rs 29,093 per 10 grams in a turnover of 454 lots.
Analysts said widening of bets by participants, tracking a firm trend in global market, influenced the precious metal at the futures trade.
Meanwhile, gold rose 0.31 per cent to $1,228.50 an ounce in Singapore.