 "Gold falls by 0.3% on weak global cues")
Amid a weakening global trend, gold futures fell Rs 72 to Rs 25,275 per 10 gm today as participants trimmed their positions.
In futures trading, gold for delivery in December contracts was trading Rs 72 or 0.28% lower at Rs 25,275 per 10 gm in a business turnover of 904 lots at the Multi Commodity Exchange.
On similar lines, the metal for delivery in far-month February shed Rs 68 or 0.27% to Rs 25,475 per 10 gm in 19 lots.
Meanwhile, gold prices in global market retreated as much as 0.29% to $1,079 an ounce in Singapore today.
In futures trading, gold for delivery in December contracts was trading Rs 72 or 0.28% lower at Rs 25,275 per 10 gm in a business turnover of 904 lots at the Multi Commodity Exchange.
On similar lines, the metal for delivery in far-month February shed Rs 68 or 0.27% to Rs 25,475 per 10 gm in 19 lots.
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Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas and profit-booking by speculators.
Meanwhile, gold prices in global market retreated as much as 0.29% to $1,079 an ounce in Singapore today.