Business Standard

Gold futures decline Rs 27 on weak global cues


Press Trust of India New Delhi
Amid a weakening global trend, gold futures traded lower by Rs 27 at Rs 33,259 per 10 grams Thursday as speculators scaled down their bets.
Gold for delivery in far-month April eased by Rs 27, or 0.08 per cent, to Rs 33,259 per 10 grams in a business turnover of 797 lots at the Multi Commodity Exchange.
Meanwhile, spot gold prices fell by 0.10 per cent to USD 1,319.10 an ounce in New York.
Analysts said the fall in gold futures is mostly in line with a weak trend overseas amid profit-booking by speculators at current level.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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

First Published: Feb 28 2019 | 11:10 AM IST

Explore News