COMMODITY
Gold futures trade lower on negative global rates
Jul-03-2025
Gold futures traded lower on MCX, in tandem with negative global rates as the safe-haven appeal of the bullion dulled following a US-Vietnam trade deal that eased tensions. Profit booking after recent gains, also contributed to the downward pressure on yellow metal price.

The contract for August delivery was trading at Rs 97135.00 down by 0.26% or Rs 255.00 from its previous closing of Rs 97390.00. The open interest of the contract stood at 12724 lots.

The contract for October delivery was trading at Rs 98027.00 down by 0.26% or Rs 255.00 from its previous closing of Rs 98282.00. The open interest of the contract stood at 2370 lots on MCX.

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