New Delhi: Gold prices rose by 0.21 percent to Rs 27,336 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.
At Multi Commodity Exchange, gold for delivery in far- month April was up by Rs 58, or 0.21 percent, to Rs 27,336 per 10 gram in business turnover of 38 lots.
The precious metal for delivery in February moved up by Rs 34, or 0.13 percent, to Rs 27,193 per 10 gram in a turnover of 1,765 lots.
Analysts said fresh positions built-up by participants following overnight gains in global market as declines in equity markets revived demand for the metal as a safe-haven, mainly influenced gold prices at futures trade here.
Meanwhile, gold rose to USD 1,238.32 an ounce in New York, the highest price since October 23.
