MUMBAI: Gold futures continued to trade down on Friday in accordance with an extension of buoyancy for the previous metals complex as the persistent worries on the global economic front attracted plenty of buying. COMEX Gold currently trades at $941.10, down $8.10 per ounce while MCX Gold futures are hovering at Rs 14614, down Rs 171 or 1.16% from the previous close with 6.60% decline in the open interest, suggesting traders are cutting back heavily on the back of the sharp gains in the last session. The metal gave away in the early Asian trades today, falling from a high of $946.90 for the April contract on the COMEX as a late recovery in the US markets fuelled moderate gains for the Asian equities and the safe haven buying in yellow metal was restricted. The futures dipped to a low of $934.50 an ounce as the European shares also rose.

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