Gold futures fall on weak global cues
On the Multi Commodity Exchange, gold prices for June delivery fell by Rs 196, or 0.42 per cent, to Rs 46,600 per 10 gram in a business turnover of 28 lots. The yellow metal for August delivery declined by Rs 60, or 0.13 per cent, to Rs 46,498 per 10 gram in 15,044 lots.
Gold futures on Wednesday fell 0.42 per cent to Rs 46,600 per 10 gram as participants offloaded their holdings following weak trend overseas.
On the Multi Commodity Exchange, gold prices for June delivery fell by Rs 196, or 0.42 per cent, to Rs 46,600 per 10 gram in a business turnover of 28 lots.
The yellow metal for August delivery declined by Rs 60, or 0.13 per cent, to Rs 46,498 per 10 gram in 15,044 lots.
In New York, gold was trading 0.31 per cent down at USD 1,728.60 per ounce.
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