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  Business   Market  30 Jun 2017  Gold futures slide by 0.25 percent to Rs 28,536 per 10 gms

Gold futures slide by 0.25 percent to Rs 28,536 per 10 gms

PTI
Published : Jun 30, 2017, 11:17 am IST
Updated : Jun 30, 2017, 11:17 am IST

Market analysts attributed the fall in prices to profit-booking at current levels but a better trend overseas capped the losses.

Representational Image.
 Representational Image.

New Delhi: Gold futures fell by 0.25 percent to Rs 28,536 per 10 grams on Friday as participants cut down bets to book profits even as the metal strengthened overseas.

At the Multi Commodity Exchange, gold for delivery in August shed Rs 72, or 0.25 per cent, to Rs 28,536 per 10 grams, in a business turnover of 581 lots.

Market analysts attributed the fall in prices to profit-booking at current levels but a better trend overseas capped the losses.

Meanwhile, gold traded 0.04 per cent higher at USD 1,246.07 an ounce in Singapore.

Tags: gold, futures trade, global cues, market, gold traders, profit-booking
Location: India, Maharashtra, Mumbai (Bombay)