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Gold prices rose by Rs 52 to Rs 32,952 per 10 gram in futures trading Wednesday as speculators widened their bets, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 52, or 0.16 per cent, to Rs 32,952 per 10 gram, in a business turnover of 5,523 lots. Similarly, the April rate of the precious metal was up by Rs 31, or 0.07 per cent, at Rs 32,984 per 10 gram, with a business volume of 115 lots.
Analysts said raising of bets by participants, taking positive cues from global market as weakness in dollar raised demand for the precious metal as a safe-haven, mainly pushed up gold prices at futures trade here.
Globally, gold rose 1.01 per cent to trade at USD 1,315.67 an ounce in Singapore.
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