Gold future rise on MCX

Gold future traded up on MCX as investors and speculators booked fresh positions in the precious metal tracking a firm trend in the overseas market as rising tensions in Ukraine boosted the yellow metal’s safe haven demand. The contract for June delivery was trading at Rs 28900.00, up by 0.10% or Rs 29.00 from its previous closing of Rs 28871.00. The open interest of the contract stood at 10347.00 lots. The contract for August delivery was trading at Rs 28259.00, up by 0.17% or Rs 49.00 from its previous closing of Rs 28210.00. The open interest of the contract stood at 2648.00 lots on MCX.