Gold prices rose Rs 14 to Rs 28,075 per 10 grams at the futures trading today as speculators enlarged their positions amid a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month April rose Rs 14 or 0.05 per cent to Rs 28,075 per 10 grams in a business turnover of one lot.
Similarly, the yellow metal for delivery in February was trading higher by Rs 9 or 0.03 per cent to Rs 28,060 per 10 grams in 88 lots.
Analysts said a firm trend in the global markets as weakness in the dollar raised demand for the precious metal as a safe haven investment, mainly influenced gold prices at the futures trade here.
Globally, gold rose as much as 0.43 per cent to $1,185.90 an ounce in Singapore.