Gold prices lower 0.34% to Rs 31,361 per 10 grams in future trade


NEW DELHI: On Wednesday amid a weak universal trend, gold prices drifted inferior by 0.34 per cent to Rs 31,361 per 10 grams in futures buy and sell as participants trimmed their positions.

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At the Multi Commodity Exchange, gold for delivery in October decreased by Rs 106, or 0.34 per cent to Rs 31,361 per 10 grams in business turnover of 263 lots.

Likewise, the yellow metal for delivery in December contracts buying and selling inferior by Rs 92, or 0.29 per cent to Rs 31,662 per ten grams in 11 lots.

Analysts have also further conveyed that, the decrease in gold futures was mostly in tune with a weak trend abroad. Meanwhile, gold drops 0.15 per cent to USD 1,343.80 an ounce in Singapore.

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