Gold futures down 0.26% on weak global cues
Team Udayavani, Jun 11, 2018, 2:39 PM IST
New Delhi: Gold prices went down by 0.26 per cent to Rs 31,134 per 10 grams in futures trade today as participants lightened their bets, tracking a weak movement overseas.
At Multi Commodity Exchange, gold for delivery in August was down Rs 81, or 0.26 per cent, to Rs 31,134 per 10 grams in a business turnover of 276 lots.
Similarly, the metal for delivery in far-month October was trading lower by Rs 55, or 0.17 per cent, to Rs 31,401 per 10 grams in 8 lots.
Analysts attributed the fall in prices to a weak trend overseas coupled with profit-booking by speculators.
Meanwhile, gold dropped 0.10 per cent to USD 1,297.70 an ounce in Singapore.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
CBDT allows tax officials to waive or reduce interest due from assessee
Markets fall in early trade amid unabated foreign fund outflows
New software for fast-tracking project approvals: Karnataka Minister Patil
In-flight passengers can access WiFi services only when allowed, say new rules
SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees
MUST WATCH
Latest Additions
Heroin worth Rs 3.5 crore recovered in police raid in Delhi, 2 arrested
Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others
Treated Muslims like fuel for ‘lantern’: Prashant Kishor targets Lalu, asks upper castes to stay away from Nitish
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
Mangaluru: Asiatic male lion arrives at Pilikula Zoo
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.