Gold futures down 0.26% on weak global cues

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Gold futures down 0.26% on weak global cues

Published : Jun 11, 2018, 3:20 pm IST
Updated : Jun 11, 2018, 3:20 pm IST

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Gold prices went down by 0.26 per cent to Rs 31,134 per 10 grams in futures trade today as...

Gold prices went down by 0.26 per cent to Rs 31,134 per 10 grams in futures trade today asparticipants 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.

Gold prices went down

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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.

Location: India, Delhi, New Delhi

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