Gold futures fall nearly 1% on global cues

Gold for December contract traded lower by 0.86%

Press Trust of India New Delhi
Last Updated : Sep 06 2013 | 1:27 PM IST
Gold prices fell by nearly 1% to Rs 31,294 per ten grams in futures trade today as speculators offloaded their positions on weak global cues.

At the Multi Commodity Exchange, gold for delivery in October fell by Rs 294, or 0.91% to Rs 31,924 per ten grams in business turnover of 3142 lots.

Similarly, the gold for December contract traded lower by Rs 279, or 0.86% to Rs 32,011 per ten grams in 117 lots.

Meanwhile, gold fell by 23.90 dollar to 1367.70 dollar an ounce in New York last night.
*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

More From This Section

First Published: Sep 06 2013 | 1:26 PM IST

Next Story