Gold futures prices rose 0.38 per cent to Rs 29,795 per 10 gram today as speculators enlarged their positions, largely in tune with a firm trend overseas.

On the Multi Commodity Exchange, the metal prices for delivery in December gained Rs 114 or 0.38 per cent to trade higher at Rs 29,795 per 10 gram in a turnover of 105 lots.

Similarly, October contract edged up by Rs 111 or 0.37 per cent to Rs 29,931 per 10 gram clocking a business volume of 935 lots.

Analysts attributed the gains in the precious metal at the futures trade to a firm trend in the overseas market.

Meanwhile, gold rose 0.1 per cent to $1,324.30 an ounce in Singapore today.

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