Gold & Silver

Gold futures slip 0.2% on weak global cues

PTI New Delhi | Updated on March 27, 2018 Published on March 27, 2018

Gold prices softened by 0.21 per cent to Rs 30,838 per 10 grams at the futures trade as participants trimmed their positions owing to negative global cues.

At the Multi Commodity Exchange, gold for delivery in April fell Rs 64 or 0.21 per cent to Rs 30,838 per 10 grams in a business turnover of 584 lots. Similarly, the yellow metal for delivery in June was trading lower by Rs 61 or 0.20 per cent at Rs 31,081 per 10 grams in 124 lots.

Analysts said offloading of positions by traders in tandem with a weak trend overseas, weighed on gold prices at the futures trade. Globally, gold prices were a tad down by 0.08 per cent at $1,352.10 an ounce in Singapore.

Published on March 27, 2018
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