Business Standard

Gold slips Rs 222 to Rs 49,890 per 10 gram amid weak global trend

Gold prices on Monday fell Rs 222 to Rs 49,890 per 10 gram in the futures trade as participants cut down their bets amid a weak global trend.

Photo: Andrey Rudakov/Bloomberg

Photo: Andrey Rudakov/Bloomberg

Press Trust of India New Delhi
Gold prices on Monday fell Rs 222 to Rs 49,890 per 10 gram in the futures trade as participants cut down their bets amid a weak global trend.
On the Multi Commodity Exchange, gold prices for the delivery in April fell by Rs 222, or 0.44 per cent, to Rs 49,890 per 10 gram in a business turnover of 10,973 lots.
Analysts attributed the fall in prices to trimming of positions by investors tracking a weak trend in global market.
Globally, gold was trading 0.37 per cent lower at USD 1,892.8 an ounce in New York.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 21 2022 | 2:10 PM IST

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