Gold futures fall 0.20% on weak global cues
At the Multi Commodity Exchange, gold for delivery in far-month December declined by Rs 60, or 0.20 per cent to Rs 29,324 per ten gram in a business turnover of 221 lots.
Analysts said offloading of positions by participants, triggered by a weak trend overseas, weighed on the gold prices in futures trade here.
Meanwhile, gold fell 0.10 per cent to USD 1,274.70 an ounce in Singapore today.
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