 "Gold futures down 0.2% on weak global cues")
Gold futures for June eased by Rs 56, or 0.19%, to Rs 29,711 per 10 gm in 427 lots.
At the Multi Commodity Exchange (MCX), the far-month August contract shed Rs 52, or 0.17%, to Rs 30,168 per 10 gm in 7 lots.
Prices fell as participants reduced their positions.
In Singapore, gold fell 0.3% to $1,575.83 an ounce.
At the Multi Commodity Exchange (MCX), the far-month August contract shed Rs 52, or 0.17%, to Rs 30,168 per 10 gm in 7 lots.
Prices fell as participants reduced their positions.
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Weakening overseas markets trend as investors cut holdings and dollar advanced that curbed demand for the metal as an alternative asset weighed on the gold futures trade here.
In Singapore, gold fell 0.3% to $1,575.83 an ounce.