 "Gold futures down 0.2% on global cues")
Gold prices declined by 0.26% to Rs 30,246 per 10 grams in futures trading today after participant trimmed positions, tracking a weak global trend.
At the Multi Commodity Exchange, gold for delivery in December declined by Rs 79, or 0.26% to Rs 30,246 per 10 grams in business turnover of 872 lots.
In a similar fashion, the metal for delivery in February traded lower by Rs 77, or 0.26% to Rs 29,790 per ten grams in 48 lots.
Meanwhile, gold fell by $4.60 to $1,282.70 an ounce in London in early trade today.
At the Multi Commodity Exchange, gold for delivery in December declined by Rs 79, or 0.26% to Rs 30,246 per 10 grams in business turnover of 872 lots.
In a similar fashion, the metal for delivery in February traded lower by Rs 77, or 0.26% to Rs 29,790 per ten grams in 48 lots.
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Market analysts said speculators trimmed their positions in tandem with a weak global trend mainly kept pressure on gold prices at futures trade.
Meanwhile, gold fell by $4.60 to $1,282.70 an ounce in London in early trade today.