Gold futures weaken on global cues
13/03/2018
Gold futures weaken on global cues
13/03/2018 12:53
Gold prices were down in futures trade today after participants cut positions amid a weak global trend.
Analysts said offloading of positions by traders, driven by a weak trend overseas influenced gold prices in futures trade.
At the MCX, gold futures for April 2018 contract was trading at Rs 30320 per 10 grams, down by 0.04 per cent, after opening at Rs 30322 against a previous close of Rs 30332. It touched the intra-day low of Rs 30294 (at 13:00).
13/03/2018
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Gold futures weaken on global cues
13/03/2018 12:53
Gold prices were down in futures trade today after participants cut positions amid a weak global trend.
Analysts said offloading of positions by traders, driven by a weak trend overseas influenced gold prices in futures trade.
At the MCX, gold futures for April 2018 contract was trading at Rs 30320 per 10 grams, down by 0.04 per cent, after opening at Rs 30322 against a previous close of Rs 30332. It touched the intra-day low of Rs 30294 (at 13:00).
