New Delhi: Taking positive cues from global market, gold rose Rs 109 to Rs 27,147 per ten gram at the futures trade today as speculators enlarged positions.
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On the Multi Commodity Exchange, gold for delivery in February was up by Rs 109 or 0.4 per cent to Rs 27,147 per 10 grams in a business turnover of 616 lots.
The metal for delivery in far-month April moved up by Rs 79 or 0.29 per cent to Rs 27,334 per ten grams in eight lots.
Analysts said fresh positions created by participants following a better trend in global market as slumping equity markets and concern that Greece may quit the euro area spurred demand for a safe-haven and influenced the precious metal at the futures trade here.
Meanwhile, gold advanced 0.3 per cent to $1,208.29 an ounce in Singapore, the highest level since December 30.
