Gold prices rose by Rs 37 to Rs 28,553 per 10 grams in futures trade today as speculators raised their bets amid a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in August rose by Rs 37 or 0.13 per cent to Rs 28,553 per 10 grams in a business turnover of 142 lots.
Analysts said raising of bets by participants, tracking a firming trend in the global markets as the weakness in the dollar boosted demand for the safe-haven, influenced gold at futures trade here.
Globally, gold edged higher by 0.13 per cent to USD 1,255.70 an ounce in Singapore.
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