 "Gold futures down 0.2% on global cues")
Gold prices declined by 0.26% to Rs 30,246 per 10 grams in futures trading today after participant trimmed positions, tracking a weak global trend.
At the Multi Commodity Exchange, gold for delivery in December declined by Rs 79, or 0.26% to Rs 30,246 per 10 grams in business turnover of 872 lots.
In a similar fashion, the metal for delivery in February traded lower by Rs 77, or 0.26% to Rs 29,790 per ten grams in 48 lots.
Meanwhile, gold fell by $4.60 to $1,282.70 an ounce in London in early trade today.
At the Multi Commodity Exchange, gold for delivery in December declined by Rs 79, or 0.26% to Rs 30,246 per 10 grams in business turnover of 872 lots.
In a similar fashion, the metal for delivery in February traded lower by Rs 77, or 0.26% to Rs 29,790 per ten grams in 48 lots.
Also Read
Market analysts said speculators trimmed their positions in tandem with a weak global trend mainly kept pressure on gold prices at futures trade.
Meanwhile, gold fell by $4.60 to $1,282.70 an ounce in London in early trade today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%