Comments
Gold futures prices today fell 0.22 per cent to trade at Rs 29,765 per 10 gram after participants booked profits even as the metal advanced in the global market.
On the Multi Commodity Exchange, gold for delivery in far-month February fell Rs 66 or 0.22 per cent to Rs 29,765 per 10 gram in a business turnover of five lots.
In a similar fashion, the yellow metal for delivery in December was down by Rs 37 or 0.12 per cent to Rs 30,084 per 10 gram in 138 lots.
Market analysts said after recent gains, participants preferred to book profits, despite gold being firm in the global markets.
Globally, gold gained 0.2 per cent to $1,342.34 an ounce in Singapore on speculation that the Federal Reserve may delay a reduction in stimulus until next year after US payrolls increased less than estimated.
Comments
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.