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Gold prices rose Rs 92 to Rs 29,057 per 10 gm at the futures trade today as speculators increased their positions tracking a firming trend overseas.
At the Multi Commodity Exchange, gold for delivery in June rose Rs 92 or 0.32 per cent to Rs 29,057 per 10 gm with a business turnover of 6,238 lots.
Similarly, the yellow metal for delivery in August contract moved up by Rs 72 or 0.25 per cent to Rs 29,389 per 10 gm in 2,090 lots.
Market analysts said besides a firming global trend, improved demand at the spot market mainly led to rise in gold prices at the futures trade.
Meanwhile, the yellow metal rose $4.60 to $1,578.30 an ounce in London.
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