Gold futures traded a shade higher at Rs 26,565 per 10 grams today as speculators created fresh positions taking positive cues from the global market.

On the Multi Commodity Exchange, gold for delivery in April was up by Rs 18 or 0.07 per cent to Rs 26,565 per 10 gram in a business turnover of 241 lots.

Analysts said fresh positions created by participants following a better trend in global market as investors assessed the outlook for interest rates before the US payrolls data, influenced gold prices at the futures trade here.

Meanwhile, the yellow metal rose as much as 0.4 per cent to $1,204.97 an ounce in Singapore yesterday.

comment COMMENT NOW