Gold and Silver are trading higher in futures market on Thursday. Gold futures went up Rs 127 or 0.49 percent to trade at Rs 26,250 per 10 gram at the Multi-Commodity Exchange (MCX). Silver futures rose Rs 295 or 0.81 percent to trade at Rs 36,750 per kg at the MCX.

Kedia Commodity Comtrade expects gold trading range for the day is 25,934-26,414. Gold prices seen supported as Federal Reserve Chair Janet Yellen said the central bank would not hike rates for the next few meetings.