Gold prices went up by 0.17 per cent to Rs 32,195 per 10 grams in futures trade Monday
as speculators raised bets amid positive global cues.
In futures trading at the Multi Commodity Exchange, gold for delivery in April rose by Rs 55, or 0.17 per cent, to Rs 32,195 per ten grams in a business turnover of 1,030 lots.
Likewise, the yellow metal for delivery in June was trading higher by Rs 48, or 0.15 per cent, to Rs 32,441 per ten grams in 156 lots.
Analysts said, widening of positions by participants in tandem with firm trend overseas as US recession fears boosted appeal for the bullion as safe-haven asset, influenced gold prices here at futures trade.
Globally, gold rose 0.19 per cent to USD 1,316.90 an ounce in New York Monday.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)