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Last Updated : Sep 11, 2019 02:27 PM IST | Source: PTI

Gold futures weaken on spot demand

Gold for delivery in October was trading lower by Rs 61, or 0.16 percent, to Rs 38,192 per 10 gram in a business volume of 3,249 lots.


Gold futures traded lower by Rs 61 to Rs 38,192 per 10 gram on Wednesday due to profit-booking by participants on low demand.

Gold for delivery in October was trading lower by Rs 61, or 0.16 percent, to Rs 38,192 per 10 gram in a business volume of 3,249 lots.

Analysts said, the fall in gold futures was mostly attributed to profit-booking by participants at the domestic market.

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Globally, however, gold prices rose 0.16 percent to USD 1,501.60 an ounce in New York.

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First Published on Sep 11, 2019 02:23 pm
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