Gold prices rose Rs 90 to Rs 27,463 per 10 gram at the futures trade as speculators created fresh positions after the precious metal recovered in the global market.
On the Multi Commodity Exchange, gold for delivery in June was up by Rs 90 or 0.33 per cent to Rs 27,463 per 10 gram in a business turnover of 1,059 lots.
Similarly, the metal for delivery in far-month August moved up by Rs 79 or 0.29 per cent to Rs 27,230 per 10 gram in a turnover of 97 lots.
Analysts said recovery in the precious metal in the global market mainly helped gold to trade higher at the futures trade here.
Meanwhile, gold rose to $1,292.45 an ounce from $1,292.04 yesterday in Singapore.