Business Standard

Gold futures fall 0.31 pc on weak domestic cues


Press Trust of India New Delhi
Gold prices traded lower 0.31 per cent to Rs 31,841 per 10 gram in futures trade Tuesday after participants cut positions amid a weak global trend.
On the Multi Commodity Exchange, gold for delivery in June contracts was trading lower by Rs 98, or 0.31 per cent, at Rs 31,841 per 10 gram in a business turnover of 13,091 lots.
Similarly, gold to be delivered in August contracts fell by Rs 107, or 0.33 per cent, to Rs 32,005 per 10 gram in 3,623 lots.
Analysts said off-loading of positions by traders following a weak trend overseas influenced gold prices in futures trade.
Meanwhile, however, gold prices was trading a notch up by 0.38 per cent to USD 1,283.45 an ounce in Singapore.

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First Published: Apr 30 2019 | 1:15 PM IST

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