Gold down in futures trade on weak global cues, profit-booking
Quotes

Gold down in futures trade on weak global cues, profit-booking

Last Updated: Tuesday, October 22, 2013, 12:48
 
 Comment 0
 
Gold down in futures trade on weak global cues, profit-booking
New Delhi: Gold prices moved down by 0.11 percent to Rs 29,496 per 10 gm in futures trade Tuesday as participants indulged in trimming their positions, tracking a weak trend in the global market.

At the Multi Commodity Exchange (MCX), gold for delivery in February next year eased by Rs 33, or 0.11 percent, to Rs 29,496 per 10 gm in business turnover of one lot.

Likewise, the metal for delivery in December shed Rs 11, or 0.04 percent, to Rs 29,745 per 10 gm in 138 lots.

Market analysts said apart from a weak trend in the overseas markets, profit-booking by speculators also weighed on gold prices at futures trade here.

Globally, gold traded USD 3.30, or 0.25 percent, lower at USD 1,313.30 an ounce in Singapore today.




PTI

First Published: Tuesday, October 22, 2013, 12:45


Comments


comments powered by Disqus
India`s top ten billionaires
India`s top ten billionaires
Pradhan Mantri Jan Dhan Yojana - In Pics
Pradhan Mantri Jan Dhan Yojana - In Pics
Apple Smartwatch unveiled
Apple Smartwatch unveiled
Apple iPhone 6, iPhone 6 plus
Apple iPhone 6, iPhone 6 plus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved