Gold prices edged higher by 0.06 per cent to Rs 29,508 per 10 grams in futures trade today as speculators raised their bets amid a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in December rose by Rs 17, or 0.06 per cent, to Rs 29,508 per 10 grams in a business turnover of 474 lots.
Market analysts attributed the rise in gold prices in futures trade to a better trend in the global market.
Globally, gold was trading 0.05 per cent higher at USD 1,275.60 an ounce in Singapore.
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