Price of Gold glided lower by Rs. 33 to Rs. 29,781 /10 grams in futures trade Friday, due to participant’s lightened positions to book profits at the current higher levels.
In futures trade, gold for delivery in December was trading down by Rs 33, or 0.11%, at Rs 29,781 /10 grams at the MCX with a business turnover of 258 lots. The Gold for delivery in February drifted by Rs 24, or 0.08%, to Rs 29,870 /10 grams in 7 lots.
Meantime, silver prices dropped by Rs 62 to Rs 40,290 /kg in futures trade today, amid profit-booking by speculators. Silver for delivery in Dec was being traded lower by Rs, 62 or 0.15% to Rs 40,290 /kg in a business turn-over of 244 lots at MCX.
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