 "Gold futures down on weak global cues")
Gold futures for June declined by Rs 48, or 0.16%, to Rs 30,007 per 10 gm in 630 lots.
At the Multi Commodity Exchange (MCX), the April contract shed Rs 40, or 0.14%, to Rs 29,449 per 10 gm in 3,628 lots.
Prices were affected as participants off-loaded partial positions.
In Singapore, gold fell 0.3% to $1,583.75 an ounce.
At the Multi Commodity Exchange (MCX), the April contract shed Rs 40, or 0.14%, to Rs 29,449 per 10 gm in 3,628 lots.
Prices were affected as participants off-loaded partial positions.
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Weak overseas market trends triggered due to US data showing strengthening economy that boosted equities and damped demand for safe haven assets put pressure on gold futures trade here.
In Singapore, gold fell 0.3% to $1,583.75 an ounce.