 "Gold futures falls by 0.3% as global cues stay weak")
Gold prices eased 0.32% to Rs 27,441 per 10 grams in futures trade today as participants offloaded positions at current levels amid weak cues from global markets.
Gold for delivery in June contracts declined Rs 87, or 0.32%, to Rs 27,441 per 10 grams in a business turnover of 203 lots in futures trading at Multi Commodity Exchange.
Likewise, the metal for delivery in August shed Rs 82, or 0.30%, to Rs 27,700 per 10 grams in 20 lots.
Globally, gold traded $1,214.46 an ounce in early trade today in Singapore against $1,215.75 yesterday.
Gold for delivery in June contracts declined Rs 87, or 0.32%, to Rs 27,441 per 10 grams in a business turnover of 203 lots in futures trading at Multi Commodity Exchange.
Likewise, the metal for delivery in August shed Rs 82, or 0.30%, to Rs 27,700 per 10 grams in 20 lots.
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Market analysts said that apart from profit booking by speculators, a weak trend in the overseas markets put pressure on gold prices here.
Globally, gold traded $1,214.46 an ounce in early trade today in Singapore against $1,215.75 yesterday.