 "Gold futures down marginally on weak global cues")
Gold futures fell 0.08% to Rs 27,672 per 10 grams today as speculators reduced their exposures amidst a weak global trend.
At the Multi Commodity Exchange, gold for delivery in far-month October fell by Rs 21, or 0.08%, to Rs 27,672 per 10 grams in a business turnover of 28 lots.
August gold eased by Rs 16, or 0.06%, to Rs 27,632 per 10 grams in 712 lots.
Meanwhile, gold prices fell by 1.01% to $1,293.60 an ounce in New York yesterday's trade.
At the Multi Commodity Exchange, gold for delivery in far-month October fell by Rs 21, or 0.08%, to Rs 27,672 per 10 grams in a business turnover of 28 lots.
August gold eased by Rs 16, or 0.06%, to Rs 27,632 per 10 grams in 712 lots.
Also Read
Market analysts said the fall in gold futures was mostly in line with a weak trend overseas as the outlook for higher borrowing costs in the US strengthened the dollar and damped demand for safe-haven gold.
Meanwhile, gold prices fell by 1.01% to $1,293.60 an ounce in New York yesterday's trade.
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%