India, Jan. 14 -- Gold futures traded lower on MCX as investors moved away from investing in safe haven assets amid improved risk appetite on the back of easing tensions surrounding the Middle East along with the signing of a preliminary US-China deal on January 15.

The contract for February delivery was trading at Rs 39303.00, down by 0.61% or Rs 243.00 from its previous closing of Rs 39546.00. The open interest of the contract stood at 11705 lots.

The contract for April delivery was trading at Rs 39440.00, down by 0.67% or Rs 268.00 from its previous closing of Rs 39708.00. The open interest of the contract stood at 10570 lots on MCX.

Published by HT Digital Content Services with permission from Accord Fintech....