Gold futures were up on Thursday tracking foreign markets
Gold futures were up on Thursday tracking foreign markets where Middle East tensions kept gold firm amid an uncertain outlook, analysts said.
Overseas gold tracked crude oil prices that fell, after rallying to a six-month high this week, on geo-political tensions following the capture of 15 British sailors and marines by Iran.
April gold on the Multi Commodity Exchange of India Ltd. had an open interest of 8,127 lots, down from 8,537 lots the previous day. Volumes on Wednesday was at 19.58 kg.