Gold futures fall on profit booking, weak global cues : 09/10/2018

Gold futures fall on profit booking, weak global cues : 09/10/2018


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Gold futures fall on profit booking, weak global cues
09/10/2018 08:20
Gold futures settled lower in the domestic market on Monday as participants trimmed their position at prevailing levels. During the trading session, the market witnessed volatility as traders resorted to profit booking amid weak global trend, while strengthening of dollar against metals also weighed on gold futures. At the MCX, gold futures for December 2018 contract ended at Rs 31249 per 10 grams, down by 1.25 per cent, after opening at Rs 31531 against a previous close of Rs 31643. It touched the intra-day high and low of Rs 31531 and Rs 31202 respectively.