Gold Futures Decline On Profit-Booking, Global Cues; Silver Weakens

Gold prices fell by Rs 77 to Rs 29,534 per 10 grams in futures trade today as participants went for profit-booking at prevailing levels amid a weak trend overseas. In futures trade at the Multi Commodity Exchange, gold for delivery in December shed Rs 77, or 0.26 per cent, at Rs 29,534 per 10 grams in a business turnover of 221 lots. Similarly, metal for delivery in far-month February 2018 eased Rs 57, or 0.19 per cent, to Rs 29,686 per 10 grams in a modest volume of just 2 lots.
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