Gold futures edged marginally lower on MCX on profit booking by investors. However, political tensions created in the US after the launch of a formal impeachment inquiry against US President Donald Trump by the US lawmakers capped downside to some extent.
The contract for October delivery was exercise vacuum trading at Rs 38098.00, down by 0.03% or Rs 10.00 from its previous closing of Rs 38108.00. The open interest of the contract stood at 7395 lots.
The contract for December delivery was trading at Rs 38855.00, down by 0.05% or Rs 20.00 from its previous closing of Rs 38875.00. The open interest of the contract stood at 19210 lots on MCX.
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