Gold prices were up by Rs 34 to Rs 29,690 per 10 gram 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 December was up by Rs 34 or 0.11 per cent at Rs 29,690 per 10 gram in a business turnover of 682 lots.
The metal for delivery in far-month February was trading higher by Rs 33 or 0.11 per cent, to Rs 29,790 per 10 gram in a turnover of seven lots.
Analysts said fresh positions built up by participants, tracking a firm trend in global market, influenced the precious metal at the futures trade.
Meanwhile, gold rose 0.24 per cent to $1,253.90 an ounce in Singapore today.