Gold futures fall 0.22% on global cues
Agencies: New Delhi, Nov 15 2012, 13:18 IST
Gold prices fell by Rs 75 to Rs 32,076 per 10 grams in futures trade today as speculators trimmed positions, largely in tune with a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in February fell by Rs 75, or 0.23 per cent, to Rs 32,076 per 10 grams, with a business turnover of 267 lots.
Similarly, the metal for delivery in December traded lower by Rs 69, or 0.22 per cent, to Rs 31,677 per 10 grams, with a business turnover of 3,273 lots.
Marketmen attributed to a weak trend in the global markets as a higher dollar curbed demand for alternative investments including gold.
Meanwhile, gold lost 0.2 per cent to USD 1,723.30 an ounce in Singapore.
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