Gold prices rose by Rs 27, or 0.14 per cent, to Rs 19,256 per ten gram in futures trade today, as speculators enlarged their positions driven by a firm trend in the overseas markets.
At the Multi Commodity Exchange counter, gold for February rose Rs 27, or 0.14 per cent, to Rs 19,256 per ten gram, with an open interest of 911 lots.
Similarly, the October delivery moved up by Rs 16, or 0.08 per cent, to Rs 19,059 per ten gram, with an open interest of 18,355 lots.
Market analysts said speculators enlarged their positions to meet the festive demand and firming global trend mainly led to a rise in gold prices at futures trade.
Meanwhile, gold recorded a handsome gain of $6.90 to $1,251.30 in New York last evening.
