Tracking a firming global trend, gold futures prices rose by Rs 80 to Rs 27.772 per 10 grams today, as speculators created fresh positions.
At the Multi Commodity Exchange, February gold rose by Rs 80, or 0.29%, to Rs 27.772 per 10 grams, with a business turnover of 10,252 lots.
The April contract gained Rs 68, or 0.24%, to Rs 28,070 per 10 grams, with a trade volume of 344 lots.
Market analysts said fresh buying by speculators in tandem with a firming global trend mainly led to rise in gold futures prices.
Meanwhile, rose by 0.5% to $1,601.70 an ounce in Singapore.