Gold futures price down 0.39 pct on weak global cues

Gold futures prices fell by 0.39 per cent to Rs 30,098 per 10 gram as speculators offloaded their positions in tandem with a weak global trend.

Gold futures prices today fell by 0.39 per cent to Rs 30,098 per 10 gram as speculators offloaded their positions in tandem with a weak global trend.

At the Multi Commodity Exchange,gold prices for delivery in October fell Rs 117,or 0.39 per cent,to Rs 30,098 per 10 grams in business turnover of 761 lots.

On similar lines,metal prices for delivery in far-month December eased by Rs 209,or 0.33 per cent,to Rs 29,765 per ten grams in 205 lots.

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Market analysts said the fall in gold futures was mostly attributed to a weak trend in the global market.

Meanwhile,gold prices fell 0.22 per cent to USD 1,330.20 an ounce in Singapore today.

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