Gold prices rose by Rs 45 to Rs 32,186 per 10 gram in futures trade on Tuesday as speculators widened their bets tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 45, or 0.14 per cent, at Rs 32,186 per 10 gram with a business turnover of 12,305 lots. Similarly, the April rate of the precious metal was up by Rs 20, or 0.06 per cent, at Rs 32,290 per 10 gram with a business volume of 7,175 lots.
Analysts said raising of bets by participants, taking positive cues from global market as weakness in dollar raised demand for the precious metal as a safe haven, mainly pushed up gold prices at futures trade here. Globally, gold rose 0.09 per cent to trade at $ 1,290.31 an ounce in Singapore.