Gold prices dip 0.30 per cent in futures trade on weak trend overseas

Gold prices dip 0.30 per cent in futures trade on weak trend overseas

Market analysts said a weak trend in the overseas markets mainly weighed on gold prices at futures trade in the domestic bullion market.

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(Photo: Reuters)(Photo: Reuters)
PTI
  • Mar 31, 2015,
  • Updated Mar 31, 2015 11:52 AM IST

Gold prices fell by 0.30 per cent to Rs 26,190 per 10 grams in futures trade on Tuesday after participants trimmed positions amid weak cues from global markets.

Market analysts said a weak trend in the overseas markets mainly weighed on gold prices at futures trade in the domestic bullion market.

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At the Multi Commodity Exchange, gold for delivery in April eased by Rs 80 (or 0.30 per cent), to Rs 26,190 per 10 grams in 481 lots.

Similarly, the yellow metal for delivery in June shed Rs 73 (or 0.28 per cent), to Rs 26,382 per 10 grams in a business turnover of 573 lots.

In Singapore gold prices slipped to US $1,185.49 an ounce from Monday's US $1,186.07.

Gold prices fell by 0.30 per cent to Rs 26,190 per 10 grams in futures trade on Tuesday after participants trimmed positions amid weak cues from global markets.

Market analysts said a weak trend in the overseas markets mainly weighed on gold prices at futures trade in the domestic bullion market.

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Related Articles

At the Multi Commodity Exchange, gold for delivery in April eased by Rs 80 (or 0.30 per cent), to Rs 26,190 per 10 grams in 481 lots.

Similarly, the yellow metal for delivery in June shed Rs 73 (or 0.28 per cent), to Rs 26,382 per 10 grams in a business turnover of 573 lots.

In Singapore gold prices slipped to US $1,185.49 an ounce from Monday's US $1,186.07.

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