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Gold prices rose Rs 52 to Rs 29,528 per 10 grams at the futures trade today as speculators created fresh positions owing to positive cues from global markets.
At the Multi Commodity Exchange, gold for delivery in far-month February next year was up Rs 52 or 0.18 per cent at Rs 29,528 per 10 grams in a trade volume of 16 lots. The metal for delivery in December moved up Rs 28 or 0.10 per cent to Rs 29,434 per 10 grams in a turnover of 192 lots.
Market analysts said that the rise in precious metal at the global market mainly influenced gold prices at the futures trade here. Meanwhile, gold edged up 0.03 per cent to $1,275 an ounce in Singapore today.
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