Gold futures down 0.3% on weak global cues
In Singapore, gold fell 0.3% to $1,600.76 an ounce
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Gold futures for April eased by Rs 79, or 0.27%, to Rs 29,509 per 10 gm in 1,424 lots.
At the Multi Commodity Exchange (MCX), the far-month June contract shed Rs 77, or 0.26%, to Rs 30,061 per 10 gm in 410 lots.
Prices were affected as participants off-loaded partial positions.
Weak trend in overseas markets were triggered as Cyprus's bailout damped haven demand that also weighed on the gold futures trade here.
In Singapore, gold fell 0.3% to $1,600.76 an ounce.
At the Multi Commodity Exchange (MCX), the far-month June contract shed Rs 77, or 0.26%, to Rs 30,061 per 10 gm in 410 lots.
Prices were affected as participants off-loaded partial positions.
Weak trend in overseas markets were triggered as Cyprus's bailout damped haven demand that also weighed on the gold futures trade here.
In Singapore, gold fell 0.3% to $1,600.76 an ounce.
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First Published: Mar 26 2013 | 1:57 PM IST