Gold futures fall 0.17% on weak global cues
31/10/2017 13:11
Analysts said offloading of positions by participants, triggered by a weak trend overseas, weighed on the gold prices in futures trade.
At the MCX, gold futures for December 2017 contract is trading at Rs 29333 per 10 grams, down by 0.17 per cent, after opening at Rs 29330, against a previous close of Rs 29384. It touched the intra-day low of Rs 29316 (at 13:15 hours).
31/10/2017 13:11
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Gold is trading in red in the on Tuesday as as participants trimmed their positions, tracking a weak trend overseas.Analysts said offloading of positions by participants, triggered by a weak trend overseas, weighed on the gold prices in futures trade.
At the MCX, gold futures for December 2017 contract is trading at Rs 29333 per 10 grams, down by 0.17 per cent, after opening at Rs 29330, against a previous close of Rs 29384. It touched the intra-day low of Rs 29316 (at 13:15 hours).
