Gold Futures Down 0.13% On Weak Global Cues & Silver Futures Ease 0.35% On Global Leads

Gold prices drifted lower by 0.13 per cent to Rs 29,846 per 10 grams in futures trading today as participants lowered their bets, tracking a weak trend overseas. Besides, profit booking by speculators after recent gains weighed on the prices. At the Multi Commodity Exchange, gold for delivery in October fell by Rs 40, or 0.13 per cent, to Rs 29,846 per 10 grams in a business turnover of 595 lots.

Silver prices declined by 0.35 per cent to Rs 40,968 per kg in futures trade today as participants reduced their exposure after the metal prices fell in global markets. At the Multi Commodity Exchange, silver for delivery in December fell by Rs 142, or 0.35 per cent, to Rs 40,968 per kg in a business turnover of 663 lots. The white metal for delivery in far-month March 2018 traded lower by Rs 125, or 0.30 per cent, to Rs 41,538 per kg in four lots. For More Information About Commodity Market Please Visit : www.paceresearchindia.com and Call : 8817774774