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Gold futures slide 0.3% on weak global cues

Market analysts attributed the fall in gold futures to a weak global trend

Press Trust of India New Delhi
Last Updated : Sep 11 2013 | 4:25 PM IST
Gold prices slide by 0.34% to Rs 30,649 per ten gram in futures trade today as speculators trimmed positions on weak global trend.

At the Multi Commodity Exchange, gold for delivery in October month fell by Rs 104, or 0.34%, to Rs 30,649 per ten gram in business turnover of 7,767 lots.

Likewise, gold for delivery in December traded lower by Rs 81, or 0.3%, to Rs 30,558 per ten gram in 499 lots.

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Market analysts attributed the fall in gold futures to a weak global trend.

Meanwhile, gold fell by $23.20 to $1363.30 an ounce in New York last night.

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First Published: Sep 11 2013 | 4:21 PM IST

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