Gold Or Nickel futures trade News Today – Ripples Advisory

Gold futures edge down on MCX

Gold futures edged down on MCX as strong US economic data underpinned the dollar amid geopolitical as well as trade tensions.

The contract for June delivery was trading at Rs 31459.00, down by 1.04% or Rs 332.00 from its previous closing of Rs 31791.00. The open interest of the contract stood at 7625 lots.

The contract for August delivery was trading at Rs 31655.00, down by 1.01% or Rs 324.00 from its previous closing of Rs 31979.00. The open interest of the contract stood at 8289 lots on MCX.

Nickel futures trade down on easing demand

Nickel futures edged lower on MCX as traders trimmed their holdings amid easing demand at the spot market.

The contract for May delivery was trading at Rs 837.30, down by 0.97% or Rs 8.20 from its previous closing of Rs 845.50. The open interest of the contract stood at 10823 lots.

The contract for June delivery was trading at Rs 874.00, down by 0.68% or Rs 6.00 from its previous closing of Rs 880.00. The open interest of the contract stood at 511 lots on MCX.

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