Gold slip to Rs 37,571 per 10 gram in futures trading on profit booking

Gold futures traded lower by Rs 31 to Rs 37,571 per 10 gram on Thursday due to profit-booking by participants on low demand.

Gold for delivery in October was trading lower by Rs 31, or 0.08 per cent, to Rs 37,571 per 10 gram in a business volume of 2,095 lots.

Analysts attributed the fall in gold futures to profit-booking by participants at the domestic market.

Globally, the yellow metal prices firmed up 0.22 per cent to USD 1,515.60 an ounce in New York.