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Gold Prices Slides Down By 0.23 Per cent
Highlights
Gold prices declined by 0.23 per cent to Rs 27,491 per ten grams in futures trading, as speculators booked profits at prevailing levels amid a weak global trend.
Gold prices declined by 0.23 per cent to Rs 27,491 per ten grams in futures trading, as speculators booked profits at prevailing levels amid a weak global trend.
At the Multi Commodity Exchange, gold for delivery in December declined by Rs 63, or 0.23 per cent, to Rs 27,498 per ten grams in a business turnover of 742 lots.
Similarly, the metal for delivery in far-month February next year traded lower by Rs 63, or 0.23 per cent, to Rs 27,683 per ten grams in six lots. Market analysts said profit-booking by speculators and a weakening trend overseas led to decline in gold prices at futures trade. Meanwhile, gold lost 0.14 per cent to USD 1,247.60 announce in Singapore.
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