The MCX bullion futures continue to languish into the red zone as investors are cautious ahead of Federal Reserve’s monetary policy statement.
The price of MCX Gold for delivery in August contract so far has slipped 0.4 percent to a low at Rs 26,850 and is now down 0.3 percent at Rs 26,863.
The MCX counter has registered trades of around 4,117 lots and the open interest has moved higher by 560-odd lots to 8,692 lots.
Similarly, the MCX Silver July contract has dropped 0.5 percent to a low at Rs 36,652 and is now down 0.3 percent (Rs 105) at Rs 36,743.
Around 4,133 lots are traded on the MCX counter, while the open interest has added 893-odd lots to 14,206 lots.
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