Tuesday 30 April 2019

Gold futures fall 0.31% on weak domestic cues

Gold prices traded lower 0.31 per cent to Rs 31,841 per 10 gram in futures trade Tuesday after participants cut positions amid a weak global trend.

On the Multi Commodity Exchange, gold for delivery in June contracts was trading lower by Rs 98, or 0.31 per cent, at Rs 31,841 per 10 gram in a business turnover of 13,091 lots.

Similarly, gold to be delivered in August contracts fell by Rs 107, or 0.33 per cent, to Rs 32,005 per 10 gram in 3,623 lots.

Analysts said off-loading of positions by traders following a weak trend overseas influenced gold prices in futures trade.

Meanwhile, however, gold prices was trading a notch up by 0.38 per cent to USD 1,283.45 an ounce in Singapore.

We provide you sure shot Commodity & Equity Market Tips, Intraday tips, share market tips, Mcx bullion tipsFree stock tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.

Contact us @ +91-9644405056
Source: Moneycontrol

No comments:

Post a Comment