Gold futures prices shed 0.19 per cent to Rs 26,892 per ten grams today as participants indulged in profit-booking at prevailing levels despite the precious metal rising in the global market.
Gold prices fell Rs 52 or 0.19 per cent to trade at Rs 26,892 per 10 gram for delivery in April on the Multi Commodity Exchange.
Similarly, the metal for delivery in far-month June shed Rs 38 or 0.14 per cent to Rs 27,040 per 10 gram in just one lot.
Market analysts said profit-booking by speculators at prevailing levels led to fall in gold prices at the futures trade here though the metal’s gain overseas restricted the fall.
Globally, the yellow metal advanced 0.5 per cent to $1,245.36 an ounce in Singapore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.