Gold prices rose Rs 42 to Rs 28,169 per 10 grams at the futures trade today, as speculators enlarged their positions, tracking a firming global trend.
At the Multi Commodity Exchange, gold for delivery in April rose Rs 42 or 0.15 per cent to Rs 28,169 per 10 grams with a business turnover of 2,304 lots. Similarly, the metal for delivery in June moved up by Rs 29 or 0.10 per cent to Rs 28,518 per 10 grams in 67 lots.
Market analysts said increased buying by speculators in tandem with a firming global trend mainly led to rise in gold prices at the futures trading.
Meanwhile, gold gained 0.2 per cent to $1,731.57 an ounce in Singapore.