 "Gold falls by 0.2% on global cues")
Gold prices today fell by Rs 50 to Rs 25,958 per 10 grams in futures trade amid a weak global trend.
At Multi Commodity Exchange, gold for October contacts fell by Rs 50, or 0.19%, to Rs 25,958 per 10 grams in a business turnover of 354 lots.
On similar lines, the precious metal for delivery in December was trading down by Rs 43, or 0.16%, to Rs 26,171 per 10 grams in 32 lots.
Globally, gold was little changed at $1,117.71 an ounce in Singapore today.
At Multi Commodity Exchange, gold for October contacts fell by Rs 50, or 0.19%, to Rs 25,958 per 10 grams in a business turnover of 354 lots.
On similar lines, the precious metal for delivery in December was trading down by Rs 43, or 0.16%, to Rs 26,171 per 10 grams in 32 lots.
Also Read
Analysts attributed the fall in gold futures to a weak global trend as investors await the release of Federal Reserve minutes which may give further clues on the timing of an interest rate increase.
Globally, gold was little changed at $1,117.71 an ounce in Singapore today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%