Commodity Trading Tips: Gold futures posted mild gains in the domestic market on Friday as the sharp run of losses suffered by the precious metal in current sessions owing to fears over US monetary tightening offered investors and speculators good bargain buying opportunity, in the bullion at existing levels.

Bullion has been hit lately by fears that the US Fed may raise interest rates in December, curbing the yellow metal’s appeal as a store of value.

Traders weighed mixed US economic data which showed that retail sales edged up in October, consumer sentiment hit a four-month high this month but producer prices fell for a second straight month, down 0.4 per cent in October.

However, the data wasn’t enough to diminish bets of a Fed interest rate lift-off next month with policymakers from the world’s biggest central bank signaling the case for a hike in borrowing costs in December, in recent days.

Gold may extend gains today as the deadly terror attacks in Paris on Friday spur the demand for safe haven assets.

At the MCX, Gold futures for December 2015 contract closed at Rs 25,372 per 10 gram, up by 0.17% after opening at Rs 25,390, against the previous closing price of Rs 25,329. It touched the intra-day high of Rs 25,499.