Business Market 23 Mar 2017 Gold futures down 0. ...

Gold futures down 0.20 pc on global cues

PTI
Published Mar 23, 2017, 11:06 am IST
Updated Mar 23, 2017, 11:43 am IST
Yellow metal June was trading lower by Rs 51 to Rs 28,960 per ten grams in six lots.
Weak overseas trend affected gold trade here.
 Weak overseas trend affected gold trade here.

New Delhi: Tracking a weak trend overseas, gold prices drifted lower by 0.20 per cent to Rs 28,828 per 10 grams in futures trade today as speculators trimmed positions.

At the Multi Commodity Exchange, gold for delivery in April fell Rs 57, or 0.20 per cent, to Rs 28,828 per ten grams in a business turnover of 253 lots.

 

Similarly, the yellow metal for delivery in June was trading lower by Rs 51, or 0.18 per cent, to Rs 28,960 per ten grams in six lots.

Market analysts said, the fall in gold futures was mostly attributed to offloading of positions by participants in line with a weak trend overseas. Meanwhile, gold prices fell 0.16 per cent to USD 1,246.20 an ounce in Singapore.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT