Gold futures traded up on MCX as a pickup in physical demand amid a boost in gold reserves by Russia, coupled with rising geopolitical tensions which bolstered bullion’s safe haven appeal lifted prices.
The contract for December delivery was trading at Rs 26606.00, up by 0.04% or Rs 10.00 from its previous closing of Rs 26596.00. The open interest of the contract stood at 9039.00 lots.
The contract for February delivery was trading at Rs 26841.00, up by 0.03% or Rs 9.00 from its previous closing of Rs 26832.00. The open interest of the contract stood at 3326.00 lots on MCX.
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