Buoyed by a firm global trend, gold prices rose 0.33 per cent to Rs 27,336 per 10 gm at the futures trade today as speculators enlarged their positions.
On the Multi Commodity Exchange, gold for delivery in October rose Rs 90 or 0.33 per cent to Rs 27,336 per 10 gm in a business turnover of 15 lots.
Similarly, the yellow metal for delivery in August traded higher by Rs 186 or 0.32 per cent to Rs 27,178 per 10 gm in 852 lots.
Analysts said a firm trend in the global markets, where gold rebounded to trade above $1,400 an ounce as equities retreated and the dollar’s rally halted, boosting the demand for the yellow metal, mainly led to a rise in gold prices at the futures trade.
Meanwhile, gold rose 0.6 per cent to $1,408.20 an ounce in Singapore in early trade today.