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Gold Futures Down on Profit-booking, Global Cues

  •   Mon, May 16 2011 12:51:26 PM

New Delhi, May 16 (PTI) Gold prices fell by 0.31 per cent to Rs 22,185 per 10 gram in futures trade today amid profit-booking by speculators and a weak trend overseas.

At the Multi Commodity Exchange, gold for delivery in August declined by Rs 69, or 0.31 per cent to Rs 22,185 per 10 grams, with a business turnover of two lots.

Similarly, the yellow metal for delivery in June shed Rs 63, or 0.29 per cent to Rs 21,898 per 10 grams, with a business volume of a single lot.

It had gained 0.20 per cent at Rs 21,961 per 10 grams in the previous session.

Gold for delivery in December also fell by Rs 65, or 0.28 per cent to Rs 22,891 per 10 gram, with a trade volume of two lots.
  

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