Gold falls 0.23% on weak global cuesGold falls 0.23% on weak global cues
NEW DELHI: Gold futures fell 0.23 per cent to Rs 26,897 per 10 grams on Friday as speculators locked in gains amid a weak global trend.
On similar lines, the metal for delivery in February next year declined by Rs 41, or 0.15 per cent, to Rs 27,044 per 10 grams in 13 lots. Market analysts said the fall in gold futures was mostly due to profit-booking by speculators and a weak trend overseas.
Meanwhile, gold prices fell to $1,222.37 an ounce in Singapore from $1,224.33 on Thursday.