Gold rose Rs 42 to Rs 26,791 per 10 grams at the futures trading today as speculators widened positions, tracking a firm trend overseas.
At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 42 or 0.16 per cent to Rs 26,791 per 10 grams in a business turnover of 890 lots.
Similarly, the metal for delivery in far-month April was up by Rs 39 or 0.15 per cent to Rs 26,869 per 10 grams in 155 lots.
Market analysts said speculators enlarged their positions on the back of a firm global trend after Federal Reserve policy makers said they were closely tracking global developments.
Globally, gold climbed as much as 0.45 per cent to $1,124.70 an ounce in New York yesterday.