BT:Gold prices trade lower in futures trade on profit-booking
Gold prices traded lower by 0.31 per cent to Rs 30,158 per ten grams in futures trade on Monday as speculators booked profits at prevailing higher levels.
Market analysts attributed the fall in gold futures to profit-booking by speculators on sluggish demand in the spot market.
At the Multi Commodity Exchange, gold for delivery in June declined by Rs 95, or 0.31 per cent to Rs 30,158 per ten grams in business turnover of 1021 lots.
Similarly, the yellow metal for delivery in April traded lower by Rs 89, or 0.30 per cent to Rs 29,604 per ten grams in 4621 lots.
