MCX Gold Feb remains in red

gold_30The MCX Gold February futures are trading in a thin rage today, as the International Gold trades on a flat note.

However, the Indian Gold extended some of its losses and touched a low of Rs 28,842 in morning trade.

Further, the Gold futures trimmed some of its losses and touched a high of Rs 28,978 – up 136 from its day’s high. The commodity had touched a 52-week high of Rs 32,460 on November 26, 2013 and a 52 week low of Rs 25,695 on April 17, 2012.

The Indian Gold is now trading on a flat note at 28,920, down Rs 34.

The counter has seen trades of around 4,125 contracts, and the open interest has increased by 834-odd lots so far on the MCX.In the International markets, the Gold February futures continue to trade on a flat note.

The commodity so far in the day has touched a high of $ 1,231.70 and a low of $ 1,224.80.Meanwhile, the Indian rupee pared most of its gains, the spot rupee is now up 0.6 per cent (up 36 paisa) at 61.05 per dollar.

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