Profit-taking pulls gold futures down to Rs 27,322

PTI Updated - January 24, 2018 at 01:27 PM.

gold1

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.

Published on January 7, 2015 06:29