Gold prices edged higher by 0.06 per cent to Rs 29,508 per 10 grams in futures trade today as speculators raised their bets amid a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in December rose by Rs 17, or 0.06 per cent, to Rs 29,508 per 10 grams in a business turnover of 474 lots.
Market analysts attributed the rise in gold prices in futures trade to a better trend in the global market.
Globally, gold was trading 0.05 per cent higher at USD 1,275.60 an ounce in Singapore.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)