NEW DELHI: Gold extended losses for the second straight day by losing Rs 36 or 0.19 per cent to Rs 18,925 per ten gram in futures trade on Tuesday on sustained selling by traders amid weak global trend.
At the Multi Commodity Exchange, gold for August contract fell by Rs 36, or 0.19 per cent to Rs 18,925 per ten gram, with an open interest of 21,101 lots.
Similarly, the metal for delivery in October contract declined by Rs 30, or 0.16 per cent to Rs 19,009 per ten gram, with a business turnover of 1,529 lots.
Meanwhile, gold dropped by 0.3 per cent to $1,237.20 an ounce in the Asian region. – PTI
