Gold futures fall 0.19% on weak global cues, profit-booking
Traders offload positions as metal loses shine in Singapore
 "Gold futures fall 0.19% on weak global cues, profit-booking")
Gold futures fell by 0.19 per cent to Rs 27,620 per 10 grams today as speculators offloaded positions to book profits amid a weak global trend.
At the Multi Commodity Exchange, gold for delivery in August fell by Rs 52, or 0.19 per cent, to Rs 27,620 per 10 grams in a business turnover of 199 lots.
October gold declined by Rs 33, or 0.12 per cent, to Rs 27,717 per 10 grams in five lots.
Meanwhile, gold prices fell to $1,315.51 an ounce in Singapore.
At the Multi Commodity Exchange, gold for delivery in August fell by Rs 52, or 0.19 per cent, to Rs 27,620 per 10 grams in a business turnover of 199 lots.
October gold declined by Rs 33, or 0.12 per cent, to Rs 27,717 per 10 grams in five lots.
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Market analysts said the fall in gold futures was mostly due to profit-booking by speculators and a weak trend overseas.
Meanwhile, gold prices fell to $1,315.51 an ounce in Singapore.