Gold Futures Fall On Weak Global Cues

Gold prices drifted lower during the pre-noon trade in the domestic market on Wednesday as participants trimmed their positions, tracking a weak trend overseas. At the MCX, gold futures for October 2017 contract is trading at Rs 28919 per 10 grams, down by 0.55 per cent, after opening at Rs 28950, against a previous close of Rs 29080. It touched the intra-day low of Rs 28895.

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