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Gold prices were trading up by Rs 85 at Rs 28,681 per 10 grams at the futures trade today as speculators created positions amid positive cues from the global market.
At the Multi Commodity Exchange, gold for delivery in June moved up by Rs 85 or 0.3 per cent to Rs 29,682 per 10 grams in a business turnover of 18 lots.
The metal for delivery in April was trading higher by Rs 84 or 0.29 per cent at Rs 28,593 per 10 grams in a turnover of 400 lots.
Analysts said a firm trend in global market amid dollar's weakness raised the demand for the precious metal, which in turn influenced the metal prices at the futures trade.
Meanwhile, gold rose 0.46 per cent to $1,234.40 an ounce in Singapore.
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