Gold futures down 0.84% on profit-booking

Gold futures down zero.84% on profit-booking


New Delhi, Jun 10 Gold costs fell zero.84 per cent to Rs 32,660 per 10 gram in futures commerce Monday amid profit-booking by speculators at present ranges.

On Multi Commodity Change, gold for supply in August contracts was down by Rs 276, or zero.84 per cent, to Rs 32,660 per 10 gram in a enterprise turnover of 16,463 tons.

Equally, the metallic for supply in October contracts shed Rs 293, or zero.89 per cent, to Rs 32,805 per 10 gram in 1,844 tons.

Analysts attributed the autumn in costs to trimming of positions by contributors on the spot market.

Globally, the yellow metallic costs mellowed after america dropped its menace to impose tariffs on Mexico, say reviews.

In the meantime, gold futures gained 1.11 per cent to USD 1,331.10 an oz. in New York. ADI SHW

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