 "Gold down 0.3% on weak global cues")
Gold prices moved down by 0.34% to Rs 30,137 per 10 gram in futures trade today after participants off-loaded partial positions, tracking a weak trend overseas as physical demand declined.
At the Multi Commodity Exchange, gold for delivery in April declined by Rs 103, or 0.34%, to Rs 30,137 per 10 gram in business turnover of 1,205 lots.
Likewise, the metal for delivery in June shed Rs 88, or 0.30%, to Rs 29,527 per 10 gram in 16 lots.
Globally, gold today fell to $1,338.70 an ounce from yesterday's $1,340.64 in Singapore.
At the Multi Commodity Exchange, gold for delivery in April declined by Rs 103, or 0.34%, to Rs 30,137 per 10 gram in business turnover of 1,205 lots.
Likewise, the metal for delivery in June shed Rs 88, or 0.30%, to Rs 29,527 per 10 gram in 16 lots.
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Market analysts said a weak trend in the overseas markets due to subdued physical demand at higher levels mainly put pressure on gold prices in futures trade here.
Globally, gold today fell to $1,338.70 an ounce from yesterday's $1,340.64 in Singapore.