India, Jan. 1 -- Gold futures opened the New Year on a positive note on Thursday, rising Rs 119 to Rs 1,35,566 per 10 grams, as investors remained cautious amid limited global cues.

On the Multi Commodity Exchange (MCX), the yellow metal for February delivery traded in a narrow range after opening higher, but pared some early gains due to selling pressure from stockists.

Gold futures were trading up Rs 119, or 0.09 per cent, at Rs 1,35,566 per 10 grams, with a business turnover of 15,782 lots. The contract had settled at Rs 1,35,447 per 10 grams in the previous session.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....