Gold futures down by 0.2% on profit-booking

Investors indulged in booking profits at prevailing levels amidst a weak trend in global markets

Press Trust of India New Delhi
Last Updated : Apr 07 2015 | 11:56 AM IST
Gold futures declined 0.19% to Rs 26,945 per 10 grams as investors indulged in booking profits at prevailing levels amidst a weak trend in global markets.

Gold prices fell by Rs 52, or 0.19%, to trade at Rs 26,945 per 10 grams for delivery in June at the Multi Commodity Exchange.

Similarly, the metal for delivery in August shed Rs 47, or 0.17%, to Rs 27,085 per 10 grams in 13 lots.

Also Read

Market analysts said profit-booking by speculators at prevailing levels and weakness in the metal overseas led to fall in gold prices at futures trade here.

Globally, gold slipped to $1,213.21 an ounce in Singapore from yesterday's $1,214.84.
*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: Apr 07 2015 | 11:28 AM IST

Next Story