Gold futures marginally down on profit-booking

Gold prices fell by marginally by 0.10 per cent to Rs 26,754 per 10 grams in futures trade today after participants trimmed positions even as metal strengthened overseas.



At the Multi Commodity Exchange, gold for delivery in June eased by Rs 17, or 0.10 per cent, to Rs 26,754 per 10 grams in a business turnover of 318 lots.



Likewise, the metal for delivery in far-month August shed Rs 17, or 0.06 per cent, to Rs 26,908 per 10 grams in just four lots.



In Singapore gold prices gained 0.2 per cent, to USD 1,209.65 an ounce.



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Posted in: Indian Market Tips