Wednesday, October 23, 2019
facebook
Business

Posted at: Apr 15, 2019, 2:51 PM; last updated: Apr 15, 2019, 2:52 PM (IST)

Gold prices fall by Rs 127 to Rs 31,900 per 10 gram

Gold prices fall by Rs 127 to Rs 31,900 per 10 gram
Gold for delivery in June also fell sharply by Rs 108, or 0.34 per cent, to Rs 31,754 per 10 gram in 14,706 lots.

New Delhi, April 15

Gold prices fell by Rs 127 to Rs 31,900 per 10 gram in futures trade on Monday as speculators reduced exposure amid a negative trend at the spot market.

At the Multi Commodity Exchange, gold for delivery in August traded lower by Rs 127, or 0.40 per cent, at Rs 31,900 per 10 gram with a business turnover of 14,679 lots.

Gold for delivery in June also fell sharply by Rs 108, or 0.34 per cent, to Rs 31,754 per 10 gram in 14,706 lots.

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

Globally, gold was trading lower by 0.32 per cent at USD 1,286.46 per ounce in Singapore. PTI

COMMENTS

All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On