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Gold futures trade higher on MCX

Gold futures traded higher on MCX as participants enlarged their holdings amid a firming global trend as the US dollar softened against China's yuan and the euro.

The contract for October delivery was trading at Rs 29685.00, up by 0.30% or Rs 88.00 from its previous closing of Rs 29597.00. The open interest of the contract stood at 8105 lots.

The contract for December delivery was trading at Rs 29915.00, up by 0.19% or Rs 57.00 from its previous closing of Rs 29858.00. The open interest of the contract stood at 281 lots on MCX.

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