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Gold prices rose marginally by 0.31 per cent to Rs 27,935 per 10 grams at the futures trade today, as speculators created fresh positions on the back of a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in April rose Rs 85 or 0.31 per cent to Rs 27,850 per 10 grams with a business turnover of 281 lots. Similarly, the metal for delivery in February gained Rs 79 or 0.29 per cent to Rs 27,569 per 10 grams with a business volume of 2,369 lots.
Marketmen said the rise in gold prices at the futures trade was mainly due to a firm trend in global markets.
Meanwhile, gold was trading 0.3 per cent higher at $1,671.87 an ounce in Singapore in early trade today, the highest level since December 13.
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