Gold prices rose 0.16 per cent to Rs 28,157 per 10 grams at the futures trade as participants created fresh positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in August rose Rs 44 or 0.16 per cent to Rs 28,157 per 10 grams in a business turnover of 1 lot.
Likewise, the yellow metal for delivery in June moved up by Rs 31 or 0.11 per cent to Rs 28,036 per 10 grams in 191 lots.
Analysts said fresh positions built up by traders in line with a firm global trend as weaker-than-expected economic data from the US pressured the dollar and raised appeal for the precious metals as a safe haven.
Globally, gold rose 0.23 per cent to $1,230.50 an ounce in Singapore today.
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