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Gold Rate Today: Gold futures dip on muted demand

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

PTI|
Aug 22, 2019, 01.00 PM IST
0Comments
Reuters
Gold-3--Reuters
Globally, gold prices dipped 0.36 per cent to USD 1,510.20 an ounce in New York.

Commodity Summary
MCX

GOLD
NEW DELHI: Gold futures traded lower by Rs 30 to Rs 37,963 per 10 gram on Thursday due to profit-booking by participants in tandem with precious metal prices slipping overseas.

Gold for delivery in October was trading lower by Rs 30, or 0.08 per cent, to Rs 37,963 per 10 gram in a business volume of 1,199 lots.

Gold Rates - Spot & Futures (.995 purity) (MCX)



In a similar fashion, gold to be delivered in December fell by Re 1 at Rs 38,615 per 10 gram in 120 lots.

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

Globally, gold prices dipped 0.36 per cent to USD 1,510.20 an ounce in New York.

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