At the Multi Commodity Exchange, gold for delivery in August was trading higher by Rs 94, or 0.33 per cent, to Rs 28,647 per 10 grams in a business turnover of 427 lots.
The yellow metal for delivery in October gained Rs 90, or 0.31 per cent, to Rs 28,807 per 10 grams in 15 lots.
Market analysts attributed the rise in gold prices at futures trade to positive global cues as the dollar dropped and US equities weakened, drawing investors' attention to precious metal.