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Gold prices fall Rs 72 to Rs 25,275 per 10 grams
In futures trading, gold for delivery in December contracts was trading Rs 72 or 0.28 percent lower at Rs 25,275 per 10 gm in a business turnover of 904 lots at the Multi Commodity Exchange.
New Delhi: Amid a weakening global trend, gold futures fell Rs 72 to Rs 25,275 per 10 gm Tuesday as participants trimmed their positions.
In futures trading, gold for delivery in December contracts was trading Rs 72 or 0.28 percent lower at Rs 25,275 per 10 gm in a business turnover of 904 lots at the Multi Commodity Exchange.
On similar lines, the metal for delivery in far-month February shed Rs 68 or 0.27 percent to Rs 25,475 per 10 gm in 19 lots.
Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas and profit-booking by speculators.
Meanwhile, gold prices in global market retreated as much as 0.29 percent to USD 1,079 an ounce in Singapore today.