Gold futures soften on global cues

Prices fell as speculators trimmed their positions

Press Trust of India New Delhi
Last Updated : Apr 12 2013 | 2:38 PM IST
Gold futures for June fell by Rs 30, or 0.10% to Rs 29,200 per ten grams in 3,795 lots.   

At the Multi Commodity Exchange (MCX), the August contract traded lower by Rs 31, or 0.10% to Rs 29,671 per ten grams in 136 lots.

Prices fell as speculators trimmed their positions.

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Weak global trend had a negative impact on gold futures here.

In New York, gold fell to  cents 25.70 to $1,559.30 an ounce.

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First Published: Apr 12 2013 | 2:34 PM IST

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