Gold & Silver

Gold futures down at Rs 25,804 per 10 gm

PTI New Delhi | Updated on January 22, 2018 Published on October 01, 2015

Gold prices fell 0.2 per cent to Rs 25,804 per 10 grams at the futures trade today as participants cut their bets amid a weak global trend.

On the Multi Commodity Exchange, gold prices for delivery in October fell Rs 52 or 0.2 per cent to Rs 25,804 per 10 grams in a business turnover of 43 lots.

Also, the metal for delivery in far-month December declined by Rs 38 or 0.15 per cent to Rs 26,045 per 10 grams in 294 lots.

Analysts attributed the fall in prices to a weak trend overseas where the precious metal declined as investors weighed the prospects for an interest rate rise in the US.

Meanwhile, gold was trading 0.07 per cent down at $1,114.50 an ounce in Singapore.

Published on October 01, 2015
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