Gold futures fall 0.13% on weak global cues

Gold futures fall zero.13% on weak international cues


New Delhi, Could 15 Gold costs fell zero.13 per cent in futures commerce Wednesday as speculators had been engaged in lowering their holdings amid a weak pattern abroad.

On the Multi Commodity Trade, gold for supply in June contracts was buying and selling decrease by Rs 42, or zero.13 per cent, to Rs 32,199 per 10 gram in a enterprise turnover of 9,zero05 tons.

On the same observe, the August contract of gold fell by Rs 102, or zero.31 per cent, to Rs 32,335 per 10 gram in a enterprise quantity of eight,123 tons.

Analysts mentioned, off-loading of positions by contributors monitoring a weak pattern abroad led to the autumn in gold costs right here.

Gold costs fell zero.15 per cent to USD 1,294.40 an oz in New York. ADI SHW

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