New Delhi: Gold prices rose Rs 28 to Rs 27,590 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.
At Multi Commodity Exchange, gold for delivery in February was trading Rs 28, or 0.10 per cent higher at Rs 27,590 per 10 grams in business turnover of 311 lots.
The metal for delivery in far-month April also moved up by Rs 26, or 0.09 per cent, to Rs 27,541 per 10 grams in a turnover of four lots.
Analysts said, fresh positions created by participants following a better trend in global market as weakness in the dollar raised demand for the precious metal as a safe-haven assets, influenced gold prices at futures trade here.
Meanwhile, gold rose as much as 0.14 per cent to $ 1,159.30 an ounce in Singapore.
