COMMODITY
Gold futures trade sharply higher on safe haven appeal
Mar-10-2026
Gold futures traded sharply higher on MCX, whetted by the safe haven appeal of the bullion amidst the escalating US-Iran conflict and a weakening dollar. Additionally, bets on 40 bps of easing of Fed interest rates by year-end also supported yellow metal investments.

 The contract for April delivery was trading at Rs 162375.00 up by 1.30% or Rs 2076.00 from its previous closing of Rs 160299.00. The open interest of the contract stood at 7349 lots.

The contract for June delivery was trading at Rs 166408.00 up by 0.89% or Rs 1467.00 from its previous closing of Rs 164941.00. The open interest of the contract stood at 2260 on MCX.

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