COMMODITY
Gold futures trade bullish on safe haven appeal
Apr-08-2026
Gold futures traded bullish on MCX, supported by investor confidence after reports of a potential two-week ceasefire between the United States and Iran. Sharp declines in crude oil prices, weaker dollar and decline in bond yield notes also added the positive trend.

The contract for June delivery was trading at Rs 153721.00 up 2.28% or Rs 3432.00 from its previous closing of Rs 150289.00. The open interest of the contract stood at 7152 lots.

The contract for August delivery was trading at Rs 156200.00 up by 2.37% or Rs 3621.00 from its previous closing of Rs 152579.00. The open interest of the contract stood at 1090 on MCX.

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