Gold Futures Down On Weak Global Cues

Gold futures were trading down in the domestic market on Thursday as speculators trimmed their positions amid a weak global trend. Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas.

At the MCX, gold futures for October 2017 contract was at Rs 29150 per 10 grams, down by 0.05 per cent, after opening at Rs 29142 against a previous close of Rs 29164. It touched the intra-day low of Rs 29123.

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