New Delhi: Gold prices rose by 0.21 percent to Rs 26,325 per 10 grams in futures trade Wednesday as speculators created fresh positions, tracking a firm global trend.
At the Multi Commodity Exchange, gold for delivery in June month moved up by Rs 56, or 0.21 percent to Rs 26,325 per ten gram in business turnover of 2,223 lots.
Likewise, the metal for delivery in April contracts edged up by Rs 32, or 0.12 percent to Rs 26,236 per kg in 398 lots.
Analysts said fresh positions built up by participants amid a firm global trend as the dollar retreated, raising appeal of the precious metals, mainly influenced gold prices.
Meanwhile, gold rose 0.5 percent to USD 1,189.15 an ounce in Singapore.
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