Saturday, December 06, 2025 | 06:19 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Gold futures down 0.9% on weak global cues

Gold for delivery in August month contracts shed by 0.86%

Press Trust of India New Delhi
Amid a weak trend overseas, gold prices fell 0.92% to Rs 25,267 per 10 gm in futures trade today as speculators indulged in trimming positions.

At the Multi Commodity Exchange, gold for delivery in far-month October contracts eased by Rs 235, or 0.92%, to Rs 25,267 per 10 gm in business turnover of 134 lots.

Likewise, gold for delivery in August month contracts shed Rs 217, or 0.86%, to Rs 25,158 per 10 gm in 2,967 lots.

Analysts said a weak trend in the overseas markets, where gold dipped below $1,200 an ounce to trade at nearly three-year low on persistent worries over the US Federal Reserve's plan to wind down its monetary stimulus, put pressure on the gold prices at futures trade here.
 

Globally, gold fell 0.60%, to $1,191.79 an ounce after touching a year low of $1,180.71 in Singapore today.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 28 2013 | 12:20 PM IST

Explore News