MUMBAI (Reuters) - India gold futures traded flat on Friday as investors awaited the release of U.S. employment report, which could provide signals on the health of economy and direction for the precious metals complex, analysts said.
The most active August contract was 0.05 percent up at 14,877 rupees per 10 grams at 11:34 a.m.
Analysts said domestic gold could breach 15,000 rupees later in the session on a sagging greenback and rising crude.
"All the fundamental factors are suggesting that gold may tread higher later in the session on weak dollar and rising crude s," said Debjyoti Chatterjee, an associate vice-president with ADMISI Commodities.
"It is likely to test 14,980 (rupees) and after that 15,050," said said Kunal Shah, an associate vice-president with Nirmal Bang Commodities.
Open interest for August gold on MCX was at 13,941 lots, down from 13,988 a day earlier. Volume on Thursday was 42.71 kg.
