In the commodity market Crude Oil futures rose by 0.42% to Rs 3,109 per barrel today as speculators created fresh positions amid a firm trend in Asia.

At the Multi Commodity Exchange, crude oil for delivery in March gained Rs 13, or 0.42%, to Rs 3,109 per barrel, with a business turnover of 2,908 lots.

The oil for the April delivery moved up by Rs 23, or 0.41%, to Rs 3,222 per barrel, with a business volume of 81 lots.

West Texas Intermediate crude oil for the April delivery advanced by 11 cents at $49.56, while Brent crude for April gained 29 cents to $59.19 a barrel in late morning trade on the New York Mercantile Exchange.

GOLd futures prices today rose by 0.31% to Rs 26,418 per 10 grams as speculators enlarged positions after the metal gained in the global market.

At the Multi Commodity Exchange, metal prices for delivery in far-month June contracts gained Rs 81, or 0.31%, to trade higher at Rs 26,418 per 10 gram in a turnover of 12 lots.

Also, the metal prices for delivery in April edged up by Rs 71, or 0.31%, to Rs 26,224 per 10 gram, clocking a business volume of 561 lot.

In the international market, gold rose to $1,203.976 an ounce in Singapore from $1,201.83 yesterday.