Supported by a firming global trend, gold futures prices traded higher by 39 to Rs 28,743 per 10 grams today, as speculators created fresh positions.

At the Multi Commodity Exchange, gold for delivery in June rose Rs 39 or 0.14 per cent to Rs 28,743 per 10 grams with a business turnover of 179 lots. Similarly, April contract moved up by Rs 33 or 0.12 per cent to Rs 28,406 per ten grams in 5,340 lots.

Market analysts said fresh buying by speculators in tandem with a firming global trend mainly led to the rise in gold futures prices.

Meanwhile, the yellow metal rose $5.40 to $1,750.30 an ounce in Singapore.

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