Gold futures extend gains on fresh buying

Gold futures traded up on MCX as speculators created fresh positions after the precious metal recovered in the global markets. Moreover, fresh buying by local consumers to meet wedding demand impacted the sentiments. The contract for June delivery was trading at Rs 26715.00, up by 0.05% or Rs 14.00 from its previous closing of Rs 26701.00. The open interest of the contract stood at 686.00 lots. The contract for August delivery was trading at Rs 25778.00, up by 0.11% or Rs 29.00 from its previous closing of Rs 25749.00. The open interest of the contract stood at 9067.00 lots on MCX.