Gold futures fall by Rs 93 on profit booking, weak global cues

Gold prices fell by 0.32 per cent to Rs 29,210 per 10 ten grams in futures trading today as participants indulged in profit booking at prevailing levels amid a weak trend overseas.

At the Multi Commodity Exchange, gold for delivery in April declined by Rs 93, or 0.32 per cent, to Rs 29,210 per 10 grams in a business turnover of 382 lots.

Similarly, metal for delivery in June contracts weakened by Rs 68, or 0.23 per cent, to Rs 29,250 per ten grams in 10 lots.

Analysts attributed the fall in gold futures to profit-booking by traders at existing levels and a weak trend in the global markets.

Globally, gold fell 0.12 per cent to USD 1,233.10 an ounce in Singapore.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)