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Gold futures slide on profit-booking, global cues

Market analysts attributed the fall in prices to profit- booking by participants and a weak trend in the global market.


PTI
Updated: 21-06-2018 11:09 IST
Gold futures slide on profit-booking, global cues

Market analysts attributed the fall in prices to profit- booking by participants and a weak trend in the global market. (Image Credit : wikimedia )

Gold futures fell by 0.30 per cent to Rs 31,015 per 10 grams today as participants booked profits amid a weak global trend.

At the Multi Commodity Exchange, gold for delivery in far-month October fell by Rs 93, or 0.30 per cent, to Rs 31,015 per 10 grams in a business turnover of 24 lots.

On similar lines, the metal for delivery in August declined by Rs 78, or 0.25 per cent, to Rs 30,703 per 10 grams in 433 lots.

Market analysts attributed the fall in prices to profit- booking by participants and a weak trend in the global market.

Gold traded 0.17 per cent down at USD 1,265.66 an ounce in Singapore.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : India