Gold prices rose Rs 250 to Rs 26,418 per 10 grams in futures trading today as participants widened bets, triggered by a firming trend overseas.
At Multi Commodity Exchange, gold for delivery in October rose by Rs 250, or 0.96 per cent, to Rs 26,418 per 10 grams in a business turnover of 1,422 lots.
Similarly, the yellow metal for delivery in far-month December traded higher by Rs 243, or 0.92 per cent, to Rs 26,600 per 10 grams in 69 lots.
Analysts said a firming trend in the global market where gold rose after the US Federal Reserve again decided not to hike interest rates mainly influenced gold prices in futures trade here.
Globally, gold rose 1.05 per cent to USD 1,131 an ounce in New York yesterday.
