Tracking a firming global trend, gold prices rose by 0.10% to Rs 29,187 per 10 gm in futures trade today as speculators built-up fresh positions.
At the Multi Commodity Exchange, the August contract for gold rose by Rs 28, or 0.10%, to Rs 29,187 per 10 gm in business turnover of 275 lots.
The October contract moved up by Rs 30, or 0.10%, to Rs 29,546 per 10 grams in 27 lots.
Market analysts said fresh positions created in line with a firming global trend after gold rose as the dollar declined before a US report that may show first-time claims for jobless benefits climbed, boosting prospects the Federal Reserve will add to stimulus measures mainly led to rise in gold prices at futures trade.
Meanwhile, gold gained 0.4% to $1,580.15 an ounce in Singapore.
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