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Gold futures fall on weak domestic cues


Analysts said the fall in gold futures was mostly attributed to profit-booking by participants at the domestic market.

Gold futures traded lower by Rs 177 to Rs 37,986 per 10 gram on August 16 due to profit-booking by participants in tandem with precious metal prices slipping overseas.

Gold for delivery in most-traded October was trading lower by Rs 177, or 0.46 percent, to Rs 37,986 per 10 gram in a business volume of 3,044 lots.

In a similar fashion, gold to be delivered in December fell by Rs 256, or 0.66 per cent, at Rs ...


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