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Gold prices drop Rs 64 to Rs 29,363 in future trading

PTI
Published : Apr 20, 2017, 12:29 pm IST
Updated : Apr 20, 2017, 12:29 pm IST

Globally, gold prices fell 0.49 per cent to USD 1,282.90 an ounce in Singapore.

Representational Image
 Representational Image

New Delhi: Gold prices fell by Rs 64 to Rs 29,363 per 10 grams in futures trading today as participants trimmed their exposure on weak global cues. Gold for delivery in far-month August was trading lower by Rs 64, or 0.22 per cent, to Rs 29,363 per 10 grams, in a business turnover of six lots at the Multi Commodity Exchange.

On similar lines, the metal for delivery in June eased by Rs 60, or 0.20 per cent, to Rs 29,245 per 10 grams in 478 lots. Analysts said the fall in gold futures was mostly in

tandem with a weak trend overseas and profit-booking by speculators. Globally, gold prices fell 0.49 per cent to USD 1,282.90 an ounce in Singapore.

Tags: gold market, multi commodity exchange
Location: India, Delhi, New Delhi