Gold price FALLS once again



New Delhi, Dec 4: Gold prices fell by Rs 198 to Rs 29,197 per 10 grams in futures trade today due to profit booking by participants at prevailing high levels amid weak global trends.



At the Multi Commodity Exchange, gold for delivery in February 2018 lost Rs 198, or 0.67 per cent, at Rs 29,197 per 10 grams in a business turnover of 330 lots.



Similarly, the metal for delivery in December eased Rs 189, or 0.65 per cent, to Rs 29,020 per 10 grams in a modest volume of just five lots.



Analysts attributed the fall in gold futures to profit- booking by traders at the existing level and the metal's losses in global market in view of a stronger dollar.



Globally, the gold was trading 0.46 per cent lower at USD 1,273.70 an ounce in Singapore today.


Related news

Don’t Miss

Wow... Rekha says this about Smita Patil!
Birthday special: Why John-Bipasha's love story FAILED
How poll outcome in Guj, Himachal to influence markets
Have you seen Taimur's latest video?
Delhi horror: Drunk driver runs over policeman, cop critical
Beware! This Christmas gift can be a trap on Facebook!
Counting of votes for Himachal Polls tomorrow
This is how you can save your phone from crime!
This Emmy Award-winning choreographer wants to work in B'wood
Protests over driver's death in J&K Army ambush
3rd ODI: India won toss and elected to bowl against Sri Lanka
Soha Ali Khan revealed a big secret about herself!
Cuteness Alert! This video of Taimur will make your day!
This is Sania's SPECIAL advice for Virushka
Get the first look of Sidharth's upcoming movie!
Bipolar disorder has these seven key characteristics: Study
Rare pictures of Salman and Karisma
Everyone is LOVING Alia's NEW home, but Mahesh Bhatt is furious
Severe cold wave lashes this Indian state
Facebook admits it can make people feel worse
All strength to your shoulders: Kamal Haasan to Rahul Gandhi
Voting begins for Punjab municipal elections
Congress will WIN Gujarat, BJP will LOSE, says BJP MP
Varun and Alia insult Karan Johar!
Kamal Haasan congratulates Rahul Gandhi, says do well boy
Mouni Roy will live in Salman's home!
Bigg Boss 11.. Police will arrest Arshi from Salman's house!
Emotional Rahul KISSESS Maa Sonia..Challenges Rahul faces as Cong Prez
Rahul tears into Modi's 'dirty politics' after taking over as Cong Prez
Virat-Anushka get WARNING from Sania Mirza!

Most Popular