Gold futures down at Rs 26,815 per 10 gm

PTI Updated - December 07, 2021 at 02:20 AM.

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Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.2 per cent to Rs 26,815 per 10 grams at the futures trade today.

On the Multi Commodity Exchange, gold for delivery in June eased by Rs 53 or 0.2 per cent to Rs 26,815 per 10 grams in a business turnover of 239 lots.

Similarly, the metal for delivery in far-month August shed Rs 49 or 0.18 per cent to Rs 27,000 per 10 grams in four lots.

Analysts said besides profit-booking by speculators, a weak trend in overseas markets before monthly jobs data later this week that may provide clues on when the Federal Reserve will boost interest rates, weighed on gold futures here.

Globally, gold traded 0.1 per cent lower at $1,187.04 an ounce in Singapore today.

Published on May 5, 2015 06:02