Gold futures on the Multi Commodity Exchange was trading higher by 0.32 per cent at Rs 26,553 per 10 grams at 12.04 p.m. on Wednesday.
August contract opened lower at Rs 26,400 against the previous close of Rs 26,469. It made a high of Rs 26,618 and low of Rs 26,400.
In Comex, the yellow metal for April delivery was down by $3.5 at $1,287 a troy ounce at 12.04 p.m.
Covering-up of short positions by speculators at the prevailing levels also influenced gold futures prices here, traders said.
On the Multi Commodity Exchange, gold prices for delivery in August gained Rs 124 or 0.43 per cent to Rs 26,583 per 10 gm in a turnover of 1,483 lots.
Similarly, October contracts edged up by Rs 107 or 0.4 per cent to Rs 26,702 per 10 gm clocking a business volume of 93 lots.
Analysts attributed the gains in the precious metal at the futures trade to a firm trend in the overseas markets.
Globally, the yellow metal rose as much as 0.65 per cent to trade at nearly three-week high of $1,291.50 an ounce in New York yesterday.