Gold prices rose by Rs 12 to Rs 33,911 per 10 gram in futures trade Wednesday as speculators widened their bets, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in April was trading higher by Rs 12, or 0.04 per cent, to Rs 33,911 per 10 gram, in a business turnover of 16,738 lots.
However, the June delivery of the precious metal was down by Rs 4, or 0.01 per cent, to Rs 34,103 per 10 gram, with a business volume of 6,463 lots.
Analysts said raising of bets by participants, taking positive cues from the global market as weakness in dollar raised demand for the precious metal as a safe-haven, mainly pushed up gold prices here.
Globally, gold rose 0.17 per cent to trade at USD 1,342.41 an ounce in Singapore.
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