 "Gold futures down 0.5% on weak global cues")
Gold futures for far-month August traded Rs 134,or 0.49%, down at Rs 27,288 per ten gram in 1,572 lots.
At the Multi Commodity Exchange (MCX), the June contract shed Rs 100, or 0.37%, to Rs 27,066 per ten gram in 175 lots.
Prices fell due to profit-booking, trimming of positions by speculators.
In New York, gold fell 15.90 Cents or 1.08%, to $1,458.50 an ounce yesterday.
At the Multi Commodity Exchange (MCX), the June contract shed Rs 100, or 0.37%, to Rs 27,066 per ten gram in 175 lots.
Prices fell due to profit-booking, trimming of positions by speculators.
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Weak overseas markets trends put pressure on the gold prices at futures trade here.
In New York, gold fell 15.90 Cents or 1.08%, to $1,458.50 an ounce yesterday.
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