The precious metal for delivery in February moved up by Rs. 34, or 0.13 per cent, to Rs. 27,193 per 10 gram in a turnover of 1,765 lots. Analysts said fresh positions built-up by participants following overnight gains in the global market as declines in equity market revived the demand for the metal as a safe-haven, mainly influenced gold prices at the futures trade here.
Meanwhile, gold rose to $1,238.32 an ounce in New York, the highest price since October 23.