Amid profit-booking by speculators and a weak trend overseas, gold futures prices today fell Rs 72 to Rs 27,322 per 10 grams.
On the Multi Commodity Exchange, gold prices for delivery in February declined by Rs 72 or 0.26 per cent to Rs 27,322 per 10 grams in a business turnover of 134 lots.
Similarly, the metal prices for delivery in April fell Rs 65 or 0.24 per cent to Rs 27,549 per ten grams in six lots.
Market analysts said the fall in gold futures was mostly attributed to profit-booking by speculators and a weak trend overseas.
Meanwhile, the yellow metal fell 0.37 per cent to $1,214.80 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.