Don’t miss the latest developments in business and finance.

Gold futures down by 0.2% on profit-booking

Investors indulged in booking profits at prevailing levels amidst a weak trend in global markets

Press Trust of India New Delhi
Last Updated : Apr 07 2015 | 11:56 AM IST
Gold futures declined 0.19% to Rs 26,945 per 10 grams as investors indulged in booking profits at prevailing levels amidst a weak trend in global markets.

Gold prices fell by Rs 52, or 0.19%, to trade at Rs 26,945 per 10 grams for delivery in June at the Multi Commodity Exchange.

Similarly, the metal for delivery in August shed Rs 47, or 0.17%, to Rs 27,085 per 10 grams in 13 lots.

More From This Section

Market analysts said profit-booking by speculators at prevailing levels and weakness in the metal overseas led to fall in gold prices at futures trade here.

Globally, gold slipped to $1,213.21 an ounce in Singapore from yesterday's $1,214.84.

Also Read

First Published: Apr 07 2015 | 11:28 AM IST

Next Story