Gold & Silver

Gold futures edge down to Rs 31,154

PTI New Delhi | Updated on January 17, 2018 Published on August 09, 2016

Amid a weak global trend, gold futures fell Rs 22 to Rs 31,154 per 10 gm today as participants trimmed their positions.

At the Multi Commodity Exchange, gold for delivery in October was trading lower by Rs 22 or 0.07 per cent at Rs 31,154 per 10 gm in a business turnover of 211 lots.

Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas as signs of US economic resilience boosted world equities and the dollar, reducing demand for the precious metal as a haven.

Meanwhile, gold prices in global market retreated as much as 0.09 per cent to $1,333.80 an ounce in Singapore today.

Published on August 09, 2016
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