Gold futures extend gains on MCX

Gold futures rose on MCX due to deepening concerns over Ukraine as a shootout in the eastern part of the country threatened to worsen its ties with Russia boosted the safe haven appeal of gold, supporting the precious metal. The contract for June delivery was trading at Rs 28572.00, up by 0.16% or Rs 45.00 from its previous closing of Rs 28527.00. The open interest of the contract stood at 10539.00 lots. The contract for August delivery was trading at Rs 28119.00, up by 0.15% or Rs 41.00 from its previous closing of Rs 28078.00. The open interest of the contract stood at 2076.00 lots on MCX.