Gold prices rose Rs 91 to Rs 29,234 per 10 grams at the futures trade as speculators enlarged their positions amid a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in April rose Rs 91 or 0.31 per cent to Rs 29,234 per 10 grams in a business turnover of 266 lots.
Similarly, the yellow metal for delivery in far-month June was trading higher by Rs 86 or 0.29 per cent to Rs 29,300 per 10 grams in two lots.
Analysts said widening of bets by speculators in sync with a firm trend in global markets as dollar's weakness raised the appeal for precious metals, influenced gold futures.
Globally, gold rose as much as 0.11 per cent to $1,234.50 an ounce in Singapore.