 "Gold futures marginally down by 0.1% on Asian cues, profit booking")
Gold futures prices today fell marginally by 0.10% to Rs 28,795 per 10 grams as speculators offloaded their positions, taking weak cues from the Asian region.
Besides, profit-booking by speculators also put pressure on gold futures.
At the Multi Commodity Exchange, gold prices for delivery in December fell by Rs 35, or 0.10%, to Rs 28,795 per 10 grams in business turnover of 52 lots.
Market analysts said the fall in gold futures was mostly attributed to a weak trend overseas on fears that recent rally may hrut physical demand amid profit-booking by speculators.
Globally, gold prices fell 0.03% to trade at a USD 1,321.00 an ounce in Singapore.
Besides, profit-booking by speculators also put pressure on gold futures.
At the Multi Commodity Exchange, gold prices for delivery in December fell by Rs 35, or 0.10%, to Rs 28,795 per 10 grams in business turnover of 52 lots.
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Similarly, gold prices for delivery in October declined by Rs 37, or 0.09%, to Rs 28,845 per 10 grams in 1,372 lots.
Market analysts said the fall in gold futures was mostly attributed to a weak trend overseas on fears that recent rally may hrut physical demand amid profit-booking by speculators.
Globally, gold prices fell 0.03% to trade at a USD 1,321.00 an ounce in Singapore.
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