Gold futures remain rangebound even as prices in the international market were strong due to financial crisis in the Euro Zone.

On the Multi Commodity Exchange, August contract may trade between Rs 29,570 and Rs 29,680. It opened marginally lower at Rs 29,603.

In Mumbai, spot gold was trading at Rs 2,992 per gram, down 0.26 per cent. In Comex, the yellow metal was up at $1,583 a troy ounce at 11.30 am.