Gold & Silver

Gold futures down at Rs 27,620 per 10 gram

PTI New Delhi | Updated on March 12, 2018

gold

Gold futures fell 0.19 per cent to Rs 27,620 per 10 grams today as speculators offloaded positions to book profit amid a weak global trend.

On the Multi Commodity Exchange, gold for delivery in August fell Rs 52 or 0.19 per cent to Rs 27,620 per 10 grams in a business turnover of 199 lots.

On similar lines, the metal for delivery in October declined Rs 33 or 0.12 per cent to Rs 27,717 per 10 grams in five lots.

Market analysts said the fall in gold futures was mostly due to profit-booking by speculators and a weak trend overseas.

Meanwhile, gold prices fell to $1,315.51 an ounce in Singapore.

Published on June 30, 2014

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