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Gold down 0.18% on global cues

Metal for delivery in October contracts traded lower by 0.17%

Press Trust of India New Delhi
Last Updated : Jun 11 2015 | 1:37 PM IST
Gold prices went down by 0.18 per cent to Rs 26,922 per 10 gram in futures trade today as speculators trimmed positions, tracking a weak global trend.

At Multi Commodity Exchange, gold for delivery in August fell by Rs 49, or 0.18 per cent to Rs 26,922 per ten grams in business turnover of 2,145 lots.

Similarly, the yellow metal for delivery in October contracts traded lower by Rs 47, or 0.17 per cent to Rs 27,175 per ten gram in 156 lots.

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

Meanwhile, gold fell 0.13 per cent to USD 1,184.10 an ounce in Singapore.

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First Published: Jun 11 2015 | 1:28 PM IST

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