Gold futures down at Rs 30,469 per 10 gm

PTI Updated - November 22, 2017 at 09:53 PM.

BL08_04_GOLD

Gold futures prices fell 0.25 per cent to Rs 30,469 per 10 grams today as speculators locked in gains amid a weak global trend.

On the Multi Commodity Exchange, gold prices for delivery in October fell Rs 75 or 0.25 per cent to Rs 30,469 per 10 grams in a business turnover of 136 lots.

Similarly, the metal prices for delivery in December declined by Rs 73 or 0.24 per cent to Rs 30,336 per 10 grams in 13 lots.

Market analysts said the fall in gold futures was mostly attributed to profit-booking by speculators and a weak trend in the global market as the US economic data backed the case for reduced stimulus after the Federal Reserve this week maintained the pace of monthly bond purchases.

Meanwhile, gold prices fell 0.07 per cent to $1,364.10 an ounce in Singapore.

Published on September 20, 2013 06:17