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Gold futures were trading up by 0.33 per cent at Rs 27,926 per 10 grams as traders raised bets on positive cues from the global markets.
At the Multi Commodity Exchange, gold for delivery in August rose Rs 92 or 0.33 per cent to Rs 27,926 per 10 grams in a business turnover of 342 lots.
Similarly, the metal for delivery in October traded higher by Rs 84 or 0.3 per cent at Rs 28,100 per 10 grams in six lots.
Analysts said raising of bets by speculators triggered by a firm trend overseas, as a drop in equities drove safe-haven demand, mainly led to the rise in gold futures here.
Meanwhile, gold advanced 0.15 per cent to $1,219 an ounce in Singapore.
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