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ET:Gold futures fall 0.25 pc on weak global cues
 
NEW DELHI: Gold prices fell by 0.25 per cent to Rs 29,752 per ten grams in futures trading today as speculators trimmed their positions in tandem with a weak global trend.

At the Multi Commodity Exchange, gold for delivery in April fell by Rs 75, or 0.25 per cent to Rs 29,752 per ten grams in business turnover of 8,063 lots.

In a similar fashion, the yellow metal for delivery in June lost Rs 72, or 0.24 per cent to Rs 30,315 per ten grams in 1,178 lots.

Market analysts said speculators trimmed their positions in line with a weak global trend, that mainly led to the fall in gold prices at futures trade.

Meanwhile, gold fell 0.1 per cent to USD 1,613.15 an ounce in London.
Source