Gold futures were trading slightly higher during afternoon trade in the domestic market on Tuesday as investors and speculators extended their positions in the precious metal on safe-haven demand amid global worries after explosion in Manchester that left at least 19 people dead and over 50 injured.
The explosion occurred at the end of a concert by US singer Ariana Grande on Monday, in which 2 US officials said was a suspected suicide bombing.
Besides, US political woes continued over Trump's alleged links to Russia and his firing of former FBI Chief James Comey raised concerns about his ability to push through promised fiscal stimulus, too supported precious metal.
At the MCX, gold futures for June 2017 contract is trading at Rs 28,815 per 10 grams, up by 0.10 per cent, after opening at Rs 28,850, against a previous close of Rs 28,785. It touched the intra-day high of Rs 28,926.
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