Gold prices were higher by Rs 51 to Rs 28,253 per 10 gram at the futures trade as participants built up fresh positions, taking positive cues from global markets.

At the Multi Commodity Exchange, gold for delivery in far-month August rose Rs 51 or 0.18 per cent to Rs 28,253 per 10 gram in a business turnover of two lots.

Likewise, the yellow metal for delivery in June moved up by Rs 44 or 0.16 per cent to Rs 28,135 per 10 gram in 394 lots.

Analysts said fresh positions built up by traders in step with a firm trend overseas influenced gold prices at the futures trade.

Globally, gold rose 0.07 per cent to $1,226.80 an ounce in Singapore today.