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Gold prices rose 0.27 per cent to Rs 28,796 per 10 gram at the futures trade as participants created fresh positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in June rose Rs 77 or 0.27 per cent to Rs 28,796 per 10 gram in a business turnover of 418 lots.
Likewise, the yellow metal for delivery in far-month August moved up by Rs 56 or 0.19 per cent to Rs 28,888 per 10 gram in 10 lots.
Analysts said fresh positions built up by traders in line with a firm trend overseas influenced gold prices at the futures trade here.
Globally, gold rose 0.4 per cent to $1,269 an ounce in New York yesterday.
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