Gold futures down 0.2% on profit-booking

Gold for delivery in August shed 0.14% per 10 gm.

Gold futures prices today fell by 0.21% to Rs 28,045 per 10 grams as participants booked profits even as the metal strengthened overseas.
    
At the Multi Commodity Exchange, gold for delivery in October, fell by Rs 58, or 0.21%, to trade at Rs 28,045 per 10 grams in a turnover of 35 lots.
    
Similarly, gold for delivery in August shed Rs 40, or 0.14%, to Rs 27,865 per 10 gm in 1,514 lots.
     
Globally, gold rose as much as 0.20% to $1,416.18 an ounce in Singapore.
    
Analysts said profit-booking by speculators at prevailing levels mainly put pressure on gold prices but metal's strength in the global market, capped the losses.