Gold Futures Decline On Profit-Taking, Global Cues

Gold prices declined by Rs 28 to Rs 20,323 per 10 grams in futures trade today as speculators indulged in booking-profits at prevailing higher levels amid a weak global trend. 

At the Multi Commodity Exchange , gold for February contract declined by Rs 28, or 0.14 per cent to Rs 20,323 per 10 grams in single lot. 

Similarly, the metal for delivery in February contract lost Rs 21, or 0.10 per cent to Rs 20,113 per 10 grams in business turnover of 6 lots. 

Gold fell by USD 2.60 to USD 1,366.20 an ounce in Asian region.

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