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Gold prices rose Rs 29 to Rs 29,792 per 10 gram at the futures trading today as participants widened bets, triggered by a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 29 or 0.10 per cent at Rs 29,792 per 10 gram in a business turnover of 229 lots.
Similarly, the yellow metal for delivery in far-month February 2017 was trading higher by Rs 25 or 0.08 per cent at Rs 29,825 per 10 gram in seven lots.
Analysts said expanding of positions by participants, tracking a firm trend in the global market, mainly influenced the precious metal prices at the futures trade.
Globally, gold rose 0.15 per cent to $1,266.30 an ounce in Singapore today.
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