Gold futures on the MCX opened higher at Rs 29,505 per 10 gm on Tuesday against the previous close of Rs 29,486. It made a high of Rs 29,525 and a low of Rs 29,436. It was down by 0.05 per cent at Rs 29,470 at 1.10 pm.

In Comex, the yellow metal for April delivery was down by $0.2 at $1,601 a troy ounce at 1.10 pm.