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Gold futures rose 0.26 per cent to Rs 26,232 per 10 grams today as participants engaged in enlarging positions due to a firm trend overseas.
On the Multi Commodity Exchange, the metal for delivery in far-month June gained Rs 67 or 0.26 per cent to trade at Rs 26,232 per 10 grams in a turnover of 19 lots.
Similarly, the metal for delivery in April moved up by Rs 53 or 0.2 per cent to Rs 26,065 per 10 grams, clocking a business volume of 488 lots.
Analysts said the rise in gold prices from a three-month low was due to some investors reversing bets on further losses amid speculation that prices may fall below $1,200.
Globally, gold climbed 0.4 per cent to $1,171.98 an ounce in Singapore today.
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