Gold prices rose Rs 59 to Rs 26,522 per 10 grams at the futures trading today as speculators enlarged positions on positive cues from overseas market.
At the Multi Commodity Exchange, gold for delivery in December edged higher by Rs 59 or 0.22 per cent to Rs 26,522 per 10 grams in a business turnover of 622 lots.
Similarly, the yellow metal for delivery in far-month February 2015 moved up by Rs 57 or 0.21 per cent to Rs 26,858 per 10 grams in 22 lots.
Market analysts said speculators enlarged their positions on the back of overnight gains in the US market. This mainly led to a rise in gold prices at the futures trade.
Meanwhile, the yellow metal traded 0.96 per cent higher at $1,194.50 an ounce in New York yesterday.