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Gold prices rose Rs 103 to Rs 27,133 per 10 grams at the futures trade as speculators created fresh positions after the precious metal surged to nearly three-month high in the global market.
On the Multi Commodity Exchange, gold for delivery in February was up by Rs 103 or 0.38 per cent to Rs 27,133 per 10 grams in a business turnover of 922 lots.
The metal for delivery in far-month April was also up by Rs 65 or 0.24 per cent at Rs 27,303 per ten gram in a business volume of 10 lots.
Analysts said attributed the rise in gold prices to a firm trend overseas where the precious metal climbed to three-month high.
Globally, the yellow metal rose 0.5 per cent to $1,239.34 an ounce in Singapore, the highest price since October 23.
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