Tracking a firming trend overseas, gold prices rose by 0.36 per cent to Rs 28,679 per 10 gram in futures trade today as speculators built up fresh positions.
At the Multi Commodity Exchange, gold for delivery in August month rose by Rs 102, or 0.36 per cent to Rs 28,679 per ten grams in business turnover of 504 lots.
On similar lines, the yellow metal for delivery in October month contracts traded higher by Rs 93, or 0.32 per cent to Rs 28,830 in 5 lots.
Market analysts said fresh positions created by participants in tandem with a firming trend overseas mainly attributed the rise in gold prices at futures trade.
Globally, gold rose 0.47 per cent to USD 1,252.20 an ounce in Singapore.
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