Tuesday, 10 February 2015

10/02/2015 Precious Metal Gold Tips

Gold futures prices today shed 0.19 percent to Rs 26,892 per ten grams as participants indulged in profit-booking at prevailing levels despite the precious metal rising in the global market. Gold prices fell by Rs 52, or 0.19 percent, to trade at Rs 26,892 per 10 gram for delivery in April contracts at the Multi Commodity Exchange. Similarly, the metal for delivery in far-month June shed Rs 38, or 0.14 percent, to Rs 27,040 per 10 gram in just one lot. Market analysts said profit-booking by speculators at prevailing levels led to fall in gold prices at futures trade here though metal's gain overseas restricted the fall. Globally, gold advanced 0.5 percent to USD 1,245.36 an ounce in Singapore.


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