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Gold prices rose 0.15 per cent to Rs 28,007 per 10 grams at the futures trade today as speculators created fresh positions on positive cues from global market.
On the Multi Commodity Exchange, gold for delivery in far-month October was up by Rs 41 or 0.15 per cent to Rs 28,007 per 10 grams in a business turnover of four lots.
Similarly, the metal for delivery in August moved up by Rs 32 or 0.11 per cent to Rs 28,025 per 10 grams in a turnover of 264 lots.
Analysts said fresh positions created by participants, tracking a firm trend in global market as investors weighed the outlook for higher US borrowing costs against the demand for a safe-haven amid unrest in Ukraine and Gaza, influenced gold prices at the futures trade here.
Meanwhile, the yellow metal rose to $1,312 an ounce in Singapore from $1,310.88 on Friday.
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