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Gold prices edged up by 0.09 per cent to Rs 29,421 per 10 gram at the futures trade as speculators built up fresh positions, taking positive cues from the global market.
At the Multi Commodity Exchange, gold for delivery in December went up by Rs 27 or 0.09 per cent to Rs 29,421 per ten grams in a business turnover of 400 lots.
Analysts said fresh positions created by participants following a better trend in global market with the dollar easing ahead of a key European Central Bank meeting later in the day, mainly influenced gold prices at the futures trade.
Globally gold traded higher 0.23 per cent at $1,280.10 an ounce in Singapore.
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