Gold futures decline Rs 17 on profit-booking

New Delhi, Nov 15 (PTI) Gold prices were down Rs 17 at Rs29,605 per 10 grams in futures trade today as participantswent for profit-booking at preva...

New Delhi, Nov 15 (PTI) Gold prices were down Rs 17 at Rs29,605 per 10 grams in futures trade today as participantswent for profit-booking at prevailing levels even as the metalstrengthened overseas.

In futures trade at the Multi Commodity Exchange, goldfor delivery in December shed Rs 17, or 0.06 per cent, at Rs29,605 per 10 grams in a business turnover of 250 lots.

Similarly, metal for delivery in February eased Rs 15, or0.05 per cent, to Rs 29,748 per 10 grams in a modest volumeof just six lots.

Analysts attributed the fall in gold futures toprofit-booking by traders at the existing level, but a firmtrend in the global market restricted the fall.

Globally, gold was trading a shade higher at USD 1,281.10an ounce in Singapore today. PTI SUN DPARD.

This is unedited, unformatted feed from the Press Trust of India wire.

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