COMMODITY
Gold futures trade higher on dollar slides
Jul-11-2025
Gold futures traded higher on MCX, due to accumulation of safe haven bets amidst global uncertainties, including trade tensions and political instability. Additionally, softer dollar and cooler-than-expected US inflation data prompting dovish Fed interest rate expectations also fuelled the upward trend. 

The contract for August delivery was trading at Rs 97324.00 up by 0.65% or Rs 633.00 from its previous closing of Rs 96691.00.The open interest of the contract stood at 12274 lots.

The contract for October delivery was trading at Rs 98213.00 up by 0.65% or Rs 633.00 from its previous closing of Rs 97580.00. The open interest of the contract stood at 2731 lots on MCX.

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