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Gold futures down 0.2% on profit-booking

Sluggish spot market demand also affected the gold futures trade

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Press Trust of India New Delhi

Gold futures for April declined by Rs 66, or 0.22% to Rs 30,532 per ten grams in 5,364 lots.

At the Multi Commodity Exchange (MCX), the February contract shed Rs 8, or 0.03% to Rs 30,027 per ten grams in 456 lots.

Prices dropped as speculators booked profits.

Sluggish spot market demand also affected the gold futures trade.

Firming trend overseas capped the fall at futures trade.

In Singapore, gold rose 0.2% to $1,671.27 an ounce

 

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First Published: Feb 04 2013 | 2:53 PM IST

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