Gold prices on Tuesday rose Rs 205 to Rs 39,176 per 10 gram in futures trade as speculators increased their bets in tandem with positive overseas trend.
On the Multi Commodity Exchange, gold contracts for February traded higher by Rs 205, or 0.53 per cent, at Rs 39,176 per 10 gram with a business turnover of 1,962 lots.
The yellow metal for April delivery also traded higher by Rs 186, or 0.48 per cent, at Rs 39,282 per 10 gram in a business turnover of 343 lots.
Fresh positions built up by participants taking positive cues from global markets mostly led to the rise in gold prices, analysts said.
Globally, gold prices rose 0.50 per cent to USD 1,526.20 per ounce in New York.
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