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Gold prices rose Rs 186 to Rs 26,245 per 10 grams at the futures trade today as speculators created fresh positions amid a firm trend in global markets.
On the Multi Commodity Exchange, gold for delivery in April was up by Rs 186 or 0.71 per cent to Rs 26,245 per 10 grams in a business turnover of 1,550 lots.
The metal for delivery in June moved up by Rs 184 or 0.7 per cent, to Rs 26,414 per 10 grams in a turnover of 53 lots.
Analysts said fresh positions created by participants after gold recovered from seven-week low in global market, as investors weighed the outlook for US interest rates as Federal Reserve downplayed the possibility of an immediate increase, influenced the precious metal prices at the futures trade here.
Meanwhile, gold rose 0.8 per cent to $1,210.37 an ounce in Singapore.
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