Gold futures weaken on low demand
Gold futures traded lower by Rs 129 to Rs 37,845 per 10 gram on Thursday due to profit-booking by participants on low demand.
Gold for delivery in October was trading lower by Rs 129, or 0.34 per cent, to Rs 37,845 per 10 gram in a business volume of 3,447 lots.
Analysts said, the fall in gold futures was mostly attributed to profit-booking by participants at the domestic market.
Globally, however, gold prices rose 0.04 per cent to USD 1,503.80 an ounce in New York.
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