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Last Updated : Jun 11, 2019 03:09 PM IST | Source: PTI

Gold prices remain muted in futures trade

Analysts said the fall in gold prices in futures trade was mostly due to trimming of positions by participants.

Gold prices fell by Rs 96 to Rs 32,564 per 10 gram in futures trade on June 11 as speculators reduced exposure in the domestic markets.

On the Multi Commodity Exchange, gold for delivery in August contracts traded lower by Rs 96, or 0.29 percent, at Rs 32,564 per 10 gram in a business turnover of 16,222 lots.

The gold for delivery in far-month October contracts also fell by Rs 94, or 0.29 percent, to Rs 32,730 per 10 gram in 1,951 lots.

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Analysts said the fall in gold prices in futures trade was mostly due to trimming of positions by participants.

Globally, gold was trading up by 0.03 percent at USD 1,329.70 an ounce in Singapore.

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First Published on Jun 11, 2019 02:59 pm
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