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Gold prices rose 0.5 per cent to Rs 28,235 per 10 grams at the futures trade today as participants created fresh positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in June rose Rs 141 or 0.5 per cent to Rs 28,235 per 10 grams in a business turnover of 546 lots.
Likewise, the yellow metal for delivery in far-month August moved up by Rs 115 or 0.41 per cent to Rs 28,402 per 10 grams in 13 lots.
Analysts said a firm global trend as the dollar sank to a six-month low against major currencies, raising demand for precious metals, influenced gold prices at the futures trade here.
Globally, gold rose 0.52 per cent to $1,243.10 an ounce in Singapore.
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